Ball Corp's Strategic Sale Of Aerospace Business Is Path To Enhanced Valuation And Balance Sheet Health: Analyst

Ball Corp’s Strategic Sale Of Aerospace Business Is Path To Enhanced Valuation And Balance Sheet Health: Analyst

August 20, 2023

in Stocks

Reading Time: 1 min read

Mizuho Securities analyst Christopher Parkinson reiterated a Neutral rating on the shares of Ball Corp (NYSE:BALL) with a price target of $59.

BALL has agreed to sell its Aerospace business to BAE Systems for gross proceeds of $5.6 billion in cash.

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Ball Corp’s Strategic Sale Of Aerospace Business Is Path To Enhanced Valuation And Balance Sheet Health: Analyst

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