Are Ball Corp (NYSE:BLL) Shares Headed North? Wells Fargo Issues Upgrade.


Ball Corp (NYSE:BLL) Stock Upgrade

Wells Fargo hiked the shares of Ball Corp (NYSE:BLL) from a “Market Perform” rating to “Outperform” rating in an interesting research report issued on Thursday, 3 December.

Approximately 374,824 shares of stock traded hands. Ball Corporation (NYSE:BLL) has declined 8.05% since April 30, 2015 and is downtrending. It has underperformed by 7.76% the S&P500.

Ball Corporation is a supplier of metal packaging to the beverage, food, personal care and household products industries. The company has a market cap of $9.25 billion. The Firm operates in four divisions. It has 31.98 P/E ratio. The metal beverage packaging, Americas and Asia segment consists of activities in the United States, Canada, Brazil and the PRC, which manufacture aluminum containers used in beverage packaging. .

According to Zacks Investment Research, “Ball is a manufacturer of metal and plastic packaging, primarily for beverages and foods, and a supplier of aerospace and other technologies and services to commercial and governmental customers.” Get a free copy of the Zacks research report on Ball Corporation (BLL).