News:On June 23, RBC Capital reiterated that Bauer Packaging's rating is industry-consistent, and the latest target price is $58.00.
Bauer Packaging released its first quarterly report for 2023 on May 4. As of March 31, 2023, the company's operating income was US$3.489 billion, a year-on-year -6.11%, net profit of US$180 million, and basic earnings per share of US$0.56.
Ball Corporation is one of the world's leading suppliers of aluminum packaging to the beverage, personal care and household products industries. The company was founded in 1880 and incorporated in Indiana, USA in 1922. The company manufactures sustainable aluminum packaging products for a variety of end uses and is manufactured in factories around the world. The company also provides aerospace and other technologies and services to government and commercial customers in the aerospace sector. The company's largest product line is aluminum beverage containers, and it also makes extruded aluminum aerosol containers and aluminum stoppers.
