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Barclays Issues a Hold Rating on Ardagh Metal Packaging (AMBP)
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Barclays Issues a Hold Rating on Ardagh Metal Packaging (AMBP)

Barclays analyst Michael Leithead assigned a Hold rating to Ardagh Metal Packaging (AMBPResearch Report) today and set a price target of $4.00. The company’s shares closed yesterday at $3.36.

According to TipRanks, Leithead is a 4-star analyst with an average return of 5.8% and a 59.46% success rate. Leithead covers the Basic Materials sector, focusing on stocks such as Olin, PPG Industries, and Sherwin-Williams Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ardagh Metal Packaging with a $4.01 average price target, representing a 19.35% upside. In a report released on February 26, Truist Financial also reiterated a Hold rating on the stock with a $3.00 price target.

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AMBP market cap is currently $2.1B and has a P/E ratio of -39.31.

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Ardagh Metal Packaging (AMBP) Company Description:

Gores Holdings V Inc is a blank check company.

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