Morgan Stanley analyst Angel Castillo maintained a Buy rating on Crown Holdings (CCK – Research Report) today and set a price target of $105.00. The company’s shares opened today at $84.67.
According to TipRanks, Castillo is an analyst with an average return of -18.4% and a 43.75% success rate. Castillo covers the Basic Materials sector, focusing on stocks such as Crown Holdings, Huntsman, and Olin.
Currently, the analyst consensus on Crown Holdings is a Moderate Buy with an average price target of $97.80, which is a 15.51% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $80.00 price target.
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The company has a one-year high of $129.46 and a one-year low of $65.81. Currently, Crown Holdings has an average volume of 1.65M.
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Crown Holdings, Inc. engages in the design, manufacture and sale of packaging products for consumer goods. Its products include Beverage Cans and Glass Bottles, Food Cans and Closures, Transit Packaging and Aerosol Cans. The firm operates through the following geographical divisions: Americas, European, and Asia-Pacific. The Americas division includes operations in the U.S., Brazil, Canada, the Caribbean, Colombia and Mexico. The European division refers to the operations in Europe, the Middle East and Africa. The Asia-Pacific division is a reportable segment which primarily consists of beverage can operations in Cambodia, China, Indonesia, Malaysia, Singapore, Thailand and Vietnam and also includes the Company’s non-beverage can operations, primarily food cans and specialty packaging in China, Singapore, Thailand and Vietnam. The company was founded by William Painter in 1892 and is headquartered in Philadelphia, PA.
Read More on CCK:
- Citi ups Crown Holdings target, opens ’90-day catalyst watch’
- Crown Holdings downgraded to Neutral from Outperform at Baird
- Ardagh Metal upgraded to Buy at BofA in packaging, paper and forest shake-up
- Crown Holdings appoints two new directors to Board from Icahn Enterprises
- Billionaire Carl Icahn Looks for Diamonds in the Rough; Here Are 2 Stocks He’s Snapping Up