Citigroup analyst Anthony Pettinari maintained a Buy rating on Crown Holdings (CCK) today and set a price target of $54. The company’s shares opened today at $43.07.
According to TipRanks.com, Pettinari is a 4-star analyst with an average return of 11.7% and a 60.7% success rate. Pettinari covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Graphic Packaging.
Currently, the analyst consensus on Crown Holdings is a Strong Buy with an average price target of $58.17, implying a 35.1% upside from current levels. In a report issued on January 2, Deutsche Bank also upgraded the stock to Buy with a $52 price target.
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Crown Holdings’ market cap is currently $5.82B and has a P/E ratio of 19.40. The company has a Price to Book ratio of 6.19.
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Crown Holdings, Inc. engages in the design, manufacture and sale of packaging products for consumer goods. It 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.
