Headlines about Ardagh Group (NYSE:ARD) have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ardagh Group earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.3040218668003 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
ARD has been the subject of several research analyst reports. Zacks Investment Research cut Ardagh Group from a “buy” rating to a “hold” rating in a research note on Thursday, September 21st. Royal Bank of Canada set a $25.00 price target on Ardagh Group and gave the company a “buy” rating in a research report on Monday, October 30th. Finally, BMO Capital Markets raised Ardagh Group from a “market perform” rating to an “outperform” rating and set a $26.00 price target on the stock in a research report on Monday, October 30th. They noted that the move was a valuation call. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $24.35.
Shares of Ardagh Group (NYSE ARD) traded down $0.10 during midday trading on Tuesday, reaching $20.23. The company’s stock had a trading volume of 68,152 shares, compared to its average volume of 96,320. Ardagh Group has a 1 year low of $19.55 and a 1 year high of $24.54.
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Ardagh Group Company Profile
Ardagh Group SA, formerly Ardagh Finance Holdings SA, is a Luxembourg-based company engaged in the packing industry. The Company focuses on the design and manufacture of rigid packaging solutions mainly for food and beverage markets. Its activities are divided into two business segments: Metal packing, which supplies aluminum and steel beverage cans, two-piece aluminum, two-piece tinplate and three-piece tinplate food and specialty cans, as well as a range of can ends, among others, and Glass packing, which delivers glass containers, bottles and jars, among others.
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