Crane Co. (NYSE:CR) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 3, 2016
Boasting a price of $63.01, Crane Co. (NYSE:CR) traded -0.81% lower on the day. With the last stock price up 6.58% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Crane Co. has recorded a 50-day average of $63.50 and a two hundred day average of $58.64. Volume of trade was down over the average, with 177,076 shares of CR changing hands under the typical 231,070
Zacks Investment Research has upgraded Crane Co. (NYSE:CR) to Hold in a statement released on 10/3/2016.
Recent Performance Chart
Crane Co. has 52 week low of $41.68 and a one year high of $65.88 with a PE ratio of 15.02 and has a market capitalization of $0.
A total of 9 analysts have issued a research note on the company. 1 brokerage rating the stock a strong buy, 4 brokers rating the stock a buy, five brokerages rating the company a hold, one analyst rating the company a underperform, and finally 0 brokers rating the company a sell with a one year target of $58.78.
Brief Synopsis About Crane Co. (NYSE:CR)
Crane Co. is a diversified manufacturer of engineered industrial products. The Company operates in four segments: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The Fluid Handling segment is a provider of engineered fluid handling equipment, including Process Valves and Related Products, Commercial Valves and Other Products. The Payment & Merchandising Technologies segment includes Crane Payment Innovations (CPI) and Merchandising Systems. The Aerospace & Electronics segment supplies various components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace and military aerospace, and defense markets. The Engineered Materials segment manufactures fiberglass-reinforced plastic (FRP) panels and coils, primarily for use in the manufacturing of recreational vehicles (RVs), truck bodies, truck trailers, with additional applications in commercial and industrial buildings.
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