In a report released today, Stefan Diaz from Morgan Stanley maintained a Buy rating on Ball (BALL – Research Report), with a price target of $70.00.
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Stefan Diaz’s rating is based on a combination of factors that suggest a positive outlook for Ball Corporation’s future performance. Despite recent declines in stock value due to softer than expected volumes in key geographic segments, the company has provided a promising 2025 outlook. This includes expected volume growth across all beverage segments and a projected 10% increase in earnings per share, even with anticipated increases in corporate expenses.
Stefan Diaz sees the recent sell-off as a buying opportunity, bolstered by the company’s strong fundamentals such as a solid balance sheet and strategic cost-saving initiatives. Additionally, with over 85% of 2026 volumes under contract, Ball Corporation offers increased pricing stability and volume visibility. These factors, combined with the company’s plans to expand production capabilities, position it favorably in the current macroeconomic environment.
Diaz covers the Consumer Cyclical sector, focusing on stocks such as Berry Global Group, Ball, and Sealed Air. According to TipRanks, Diaz has an average return of -4.8% and a 42.86% success rate on recommended stocks.