Ardagh Metal Packaging Soars 0.70% on Morgan Stanley Price Target Hike

Ardagh Metal Packaging (AMBP) closed flat today, with the share price rising to its highest level since March 2023, marking an intraday gain of 0.70%.

The strategy of buying AMBP shares after they reached a recent high and holding for 1 week showed poor performance over the past 5 years. The annualized return was -4.46%, significantly underperforming the market. This indicates that relying on recent highs as a buying trigger and holding for a short duration is not a profitable strategy for AMBP.

Morgan Stanley's recent actions have had a notable impact on Ardagh Metal Packaging's stock price. On June 24, 2025, the firm reaffirmed its Hold rating on the company while adjusting its price target from $3.50 to $4.10. This upward revision in the price target suggests a more optimistic outlook from analysts, which can influence investor sentiment and drive stock price movements. The positive adjustment by Morgan Stanley likely contributed to the market's perception of Ardagh Metal Packaging, leading to increased investor interest and potentially driving the stock price higher.