Crown Holdings (CCK) Gets a Buy Rating from Credit Suisse


In a report released yesterday, Lars Kjellberg from Credit Suisse maintained a Buy rating on Crown Holdings (CCK), with a price target of $57. The company’s shares closed yesterday at $48.

Kjellberg has an average return of 2.6% when recommending Crown Holdings.

According to TipRanks.com, Kjellberg is ranked #1172 out of 5115 analysts.

Currently, the analyst consensus on Crown Holdings is a Strong Buy with an average price target of $59.40.

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Crown Holdings’ market cap is currently $6.49B and has a P/E ratio of 21.62. The company has a Price to Book ratio of 6.90.

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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.

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