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Ardagh Metal Packaging price target raised to $4 from $3.70 at BofA

BofA analyst George Staphos raised the firm’s price target on Ardagh Metal Packaging (AMBP) to $4 from $3.70 and keeps an Underperform rating on the shares following Q1 results and Ardagh’s guidance reaffirmation. The firm raised EPS forecasts to 25c from 22c in 2026 and 31c from 29c in 2027 to reflect carryover from stronger than expected Q1 execution, improved European margins, and some conservatism, the analyst tells investors.

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