Crown Holdings with ticker code (CCK) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 165 and 128 with a mean TP of 141.27. Given that the stocks previous close was at 128.12 this is indicating there is a potential upside of 10.3%. The 50 day moving average now sits at 117.48 and the 200 day moving average is 108.18. The company has a market capitalisation of $16,108m. Company Website: https://www.crowncork.com
The potential market cap would be $17,762m based on the market concensus.
Crown Holdings designs, manufactures, and sells packaging products and equipment for consumer goods and industrial products in the Americas, Europe, and the Asia Pacific. It offers products for consumer goods, including steel and aluminum cans for food and beverage industries. The company also provides products for industrial products, such as steel and plastic strap consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment to metals, food and beverage, construction, agricultural, corrugated, and general industries. In addition, it offers other consumer products, glass bottles for beverage products, steel crowns, aluminum caps, steel strap, plastic strap, industrial film, and other related products, as well as equipment and tools, such as manual, semi-automatic, and automatic equipment and tools used in end of line manufacturing applications to apply industrial solutions consumables. Crown Holdings was founded in 1892 and is headquartered in Yardley, Pennsylvania.
