Ardagh Group S.A., together with its subsidiaries, manufactures and supplies rigid packaging solutions primarily for the food and beverage markets worldwide. The company operates through four segments: Metal Beverage Packaging Europe, Metal Beverage Packaging Americas, Glass Packaging Europe, and Glass Packaging North America. Its products include metal beverage cans and glass containers. The company also engages in glass engineering, business, which include design and supply of glass packaging machinery and spare parts; and the provision of technical assistance to third party users. The company was formerly known as Ardagh Finance Holdings S.A. and changed its name to Ardagh Group S.A. in February 2017. The company was founded in 1932 and is based in Luxembourg City, Luxembourg. Ardagh Group S.A. is a subsidiary of ARD Finance S.A.
IPO Year: 2017
Exchange: NYSE
Website: ardaghgroup.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/1/2021 | $32.00 | Buy | Citigroup |
| 8/5/2021 | $24.00 → $28.00 | Outperform | Credit Suisse |
Citigroup resumed coverage of Ardagh Group with a rating of Buy and set a new price target of $32.00
Credit Suisse reiterated coverage of Ardagh Group with a rating of Outperform and set a new price target of $28.00 from $24.00 previously
BMO Capital Markets downgraded Ardagh Group from Outperform to Market Perform and set a new price target of $26.00 from $29.00 previously
Wells Fargo & Company upgraded Ardagh Group from Underweight to Overweight and set a new price target of $33.00 from $17.00 previously
Credit Suisse Group reiterated coverage of Ardagh Group with a rating of Outperform and set a new price target of $24.00 from $20.00 previously
Barclays reiterated coverage of Ardagh Group with a rating of Equal Weight and set a new price target of $23.00 from $18.00 previously
Wells Fargo & Company upgraded Ardagh Group from Underweight to Overweight
Wells Fargo upgraded Ardagh Group from Underweight to Overweight and set a new price target of $33.00 from $17.00 previously
Credit Suisse Group resumed coverage of Ardagh Group with a rating of Outperform
Credit Suisse reiterated coverage of Ardagh Group with a rating of Outperform and set a new price target of $24.00 from $20.00 previously