KeyBanc Sticks to Its Hold Rating for Crown Holdings (CCK)


In a report released today, Adam Josephson from KeyBanc maintained a Hold rating on Crown Holdings (CCK). The company’s shares closed last Monday at $67.31, close to its 52-week high of $70.88.

According to TipRanks.com, Josephson is a 4-star analyst with an average return of 9.8% and a 67.5% success rate. Josephson covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Graphic Packaging.

Crown Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $74.40, implying a 12.4% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $72.00 price target.

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The company has a one-year high of $70.88 and a one-year low of $39.05. Currently, Crown Holdings has an average volume of 1.31M.

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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.

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