Ardagh Metal Packaging (AMBP) to Release Earnings on Thursday

Ardagh Metal Packaging (NYSE:AMBP) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Ardagh Metal Packaging to post earnings of $0.02 per share and revenue of $1.14 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Ardagh Metal Packaging Stock Performance

AMBP stock opened at $2.77 on Tuesday. Ardagh Metal Packaging has a 1 year low of $2.50 and a 1 year high of $4.26. The stock’s fifty day moving average price is $2.81 and its 200-day moving average price is $3.35.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Wells Fargo & Company restated an “equal weight” rating and issued a $3.35 price target (down from $3.60) on shares of Ardagh Metal Packaging in a research note on Thursday, January 16th. Citigroup lowered their target price on Ardagh Metal Packaging from $4.50 to $4.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. Bank of America cut Ardagh Metal Packaging from a “buy” rating to an “underperform” rating and reduced their price target for the stock from $4.90 to $4.00 in a research report on Wednesday, December 11th. UBS Group lowered their price objective on Ardagh Metal Packaging from $4.25 to $2.75 and set a “neutral” rating on the stock in a research report on Friday, January 10th. Finally, Morgan Stanley raised shares of Ardagh Metal Packaging from an “underweight” rating to an “equal weight” rating and reduced their target price for the stock from $3.60 to $3.10 in a report on Monday, January 13th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $3.37.

Ardagh Metal Packaging Company Profile

Ardagh Metal Packaging SA, together with its subsidiaries, supplies consumer metal beverage cans in Europe, the United States, and Brazil. Its products are used in various end-use categories, including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters, and wine.