Disclosure Insight Maintains Medium Risk Rating on Ball Corp.

A report from Disclosure Insight reiterates its Medium Risk Negative Bias rating on Ball Corp. (NYSE: BLL).

The report states, “Acquisition activity; ongoing patent litigation; concentrated revenue; and one-time items support our opinion of a Medium Risk - Negative Bias rating for BLL. BLL completed 3 acquisitions, 4 asset acquisitions, and purchase of 2 additional interests in previous acquisitions for at least $1.1 billion, of which at least $614 million was allocated to goodwill.”

BLL closed yesterday at $35.11.