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Truist Financial Sticks to Its Hold Rating for Ardagh Metal Packaging (AMBP)
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Truist Financial Sticks to Its Hold Rating for Ardagh Metal Packaging (AMBP)

Truist Financial analyst Michael Roxland maintained a Hold rating on Ardagh Metal Packaging (AMBPResearch Report) on January 4 and set a price target of $4.00. The company’s shares closed last Friday at $3.78.

According to TipRanks, Roxland is a 4-star analyst with an average return of 7.0% and a 73.03% success rate. Roxland covers the Consumer Cyclical sector, focusing on stocks such as Crown Holdings, Avery Dennison, and Ball.

Currently, the analyst consensus on Ardagh Metal Packaging is a Moderate Buy with an average price target of $4.03, implying a 6.61% upside from current levels. In a report released on December 20, RBC Capital also maintained a Hold rating on the stock with a $4.00 price target.

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The company has a one-year high of $5.32 and a one-year low of $2.51. Currently, Ardagh Metal Packaging has an average volume of 1.82M.

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Ardagh Metal Packaging (AMBP) Company Description:

Gores Holdings V Inc is a blank check company.

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