Breaking Finance News

Crown Holdings, Inc. (NYSE:CCK) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.

Boasting a price of $56.63, Crown Holdings, Inc. (NYSE:CCK) traded -0.53% lower on the day. With the last stock price close up 5.22% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Crown Holdings, Inc. has recorded a 50-day average of $54.64 and a two hundred day average of $53.82. Volume of trade was down over the average, with 254,554 shares of CCK changing hands under the typical 850,532

Zacks Investment Research has downgraded Crown Holdings, Inc. (NYSE:CCK) to Hold in a statement released on Tuesday May 16, 2017.

On 04/17/2017, Citigroup released a statement for Crown Holdings, Inc. (NYSE:CCK) bumped up the target price from $96.00 to $115.00 that suggested an upside of 1.12%.

Performance Chart

Crown Holdings, Inc. (NYSE:CCK)

With a total market value of $0, Crown Holdings, Inc. has price-earnings ratio of 15.06 with a one year low of $48.04 and a one year high of $57.49 .

A total of 12 equity analysts have released a ratings update on CCK. Four equity analysts rating the company a strong buy, three equity analysts rating the company a buy, seven equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $59.00.

Brief Synopsis 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.