In a report released today, George Staphos from Merrill Lynch maintained a Hold rating on Crown Holdings (NYSE: CCK), with a price target of $57. The company’s shares opened today at $48.61.
According to TipRanks.com, Staphos is a 3-star analyst with an average return of 3.5% and a 57.6% success rate. Staphos covers the Consumer Goods sector, focusing on stocks such as Graphic Packaging, Owens-Illinois, and Greif Inc.
Crown Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $58.83.
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The company has a one-year high of $62.27 and a one-year low of $40.09. Currently, Crown Holdings has an average volume of 2.08M.
Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CCK in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
