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BidaskClub downgraded Crown Holdings, Inc. (NYSE:CCK) to Hold in a statement released earlier today.

BidaskClub has downgraded Crown Holdings, Inc. (NYSE:CCK) to Hold in a statement released on Tuesday June 20, 2017.

Showing a price of $57.61, Crown Holdings, Inc. (NYSE:CCK) traded 0.57% higher on the day. The last closing price is up 6.33% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same period. CCK has recorded a 50-day average of $58.67 and a 200-day moving average of $56.89. 1,001,575 shares of Crown Holdings, Inc. exchanged hands, up from an avg. volume of 680,091

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Crown Holdings, Inc. (NYSE:CCK)

Crown Holdings, Inc. has a 52 week low of $51.57 and a 52 week high of $60.96 with a P/E ratio of 17.33 Crown Holdings, Inc.’s market capitalization is currently $0.

In addition to BidaskClub reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $59.00 with 4 brokers rating the stock a strong buy, 3 analysts rating the company a buy, seven analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

More About Crown Holdings, Inc. (NYSE:CCK)

Crown Holdings, Inc. is engaged in the design, manufacture and sale of packaging products for consumer goods. The Company's business is organized within three divisions: Americas, Europe and Asia Pacific. Within each division, the Company is organized along product lines. The Company's segments within the Americas Division are Americas Beverage and North America Food. The Company's segments within the European Division are European Beverage and European Food. The Company's Asia Pacific Division segment consists of its beverage and non-beverage can operations. The Company is also engaged in European aerosol and specialty packaging business, its North American aerosol can business, and its tooling and equipment operations in the Unites States and the United Kingdom. As of December 31, 2016, the Company operated 146 plants along with sales and service facilities throughout 36 countries. It also has three canmaking and spare part operations in the United States and the United Kingdom.

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