Analyst George Staphos from Bank of America Securities reiterated a Buy rating on Crown Holdings and increased the price target to $118.00 from $114.00.
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George Staphos has given his Buy rating due to a combination of factors that highlight Crown Holdings’ potential for growth and value. One of the primary reasons is the company’s undervaluation, as noted by Barron’s, which suggests significant upside potential. With a price objective of $118, there is an anticipated 21.7% increase from the current price, including dividends.
Additionally, Crown Holdings benefits from steady cash flow and active share buyback initiatives, which are supported by its strong relationships with major beverage customers and a diversified global presence across 39 countries. The company’s attractive valuation metrics, such as a price-to-earnings ratio of approximately 12.2x and an enterprise value-to-EBITDA ratio of about 8.5x based on 2026 estimates, further reinforce the Buy rating. These factors, combined with disciplined capital deployment, align with the views of both Barron’s and Bank of America Securities.
In another report released on November 1, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $109.00 price target.