Crown Holdings with ticker code (CCK) have now 17 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 165 and 110 with a mean TP of 133.18. Given that the stocks previous close was at 112.38 this would indicate that there is a potential upside of 18.5%. The day 50 moving average is 108.44 and the 200 day moving average is 105.8. The company has a market capitalisation of $14,466m. Company Website: https://www.crowncork.com
The potential market cap would be $17,143m 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, beverage, household, and other consumer products; glass bottles for beverage product; and metal vacuum closures and steel crowns through its sales organization to the soft drink, food, citrus, brewing, household products, personal care, and various other 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 aerosol cans and ends; and promotional and specialty packaging containers with various lid and closure variations. Further, the company provides industrial film and other related products; transit protection products, such as airbags, edge protectors, and honeycombs; and equipment and tools, such as manual, semi-automatic, and automatic equipment and tools used in end of line manufacturing applications to apply consumables. Crown Holdings was founded in 1892 and is headquartered in Yardley, Pennsylvania.
