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Zacks Investment Research disclosed Crane Co. (NYSE:CR), hiking its price target to $89.00 earlier today

Stating a potential upside of 0.11%, Zacks Investment Research raised the target price of Crane Co. (NYSE:CR) to $89.00

Yesterday Crane Co. (NYSE:CR) traded 0.74% higher at $80.17. The company’s 50-day moving average is $74.52 and its 200-day moving average is $76.78. The last stock close price is up -0.67% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 372,385 shares of the stock were exchanged, down from an average trading volume of 387,783

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Crane Co. (NYSE:CR)

Crane Co. has a 52 week low of $59.81 and a 52 week high of $84.34 with a P/E ratio of 34.75 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 9 firms have reported on the stock. The consensus target price is $58.78 with 1 firm rating the stock a strong buy, 4 firms rating the stock a buy, 5 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Crane Co. (NYSE:CR)

Crane Co. (Crane) is a manufacturer of engineered industrial products. The Company operates through four segments, including 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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