Ardagh Group Reaches Analyst Target Price
July 24, 2019 at 08:22 AM EDT
In recent trading, shares of Ardagh Group SA (ARD) have crossed above the average analyst 12-month target price of $17.40, changing hands for $17.57/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..