TheStreet downgraded shares of Crown (NYSE:CCK) from a b rating to a c rating in a report issued on Thursday morning.

Other equities research analysts have also issued research reports about the company. Vertical Research upgraded Crown from a hold rating to a buy rating in a research note on Wednesday, December 20th. ValuEngine lowered Crown from a buy rating to a hold rating in a research note on Friday. KeyCorp restated a hold rating on shares of Crown in a research note on Tuesday, December 19th. Wells Fargo & Co boosted their price target on Crown from $57.00 to $60.00 and gave the stock a market perform rating in a research note on Friday, October 20th. Finally, UBS Group started coverage on Crown in a research note on Wednesday, November 29th. They set a neutral rating and a $65.00 price target on the stock. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. Crown presently has a consensus rating of Hold and a consensus price target of $64.27.

Shares of Crown (NYSE:CCK) opened at $51.12 on Thursday. Crown has a 52 week low of $50.47 and a 52 week high of $62.27. The firm has a market capitalization of $7,009.19, a PE ratio of 21.66, a PEG ratio of 1.71 and a beta of 1.42. The company has a current ratio of 1.04, a quick ratio of 0.57 and a debt-to-equity ratio of 4.60.

Crown (NYSE:CCK) last issued its quarterly earnings results on Wednesday, February 7th. The industrial products company reported $0.79 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.79. Crown had a return on equity of 56.47% and a net margin of 3.71%. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter in the previous year, the firm earned $0.71 earnings per share. The company’s revenue was up 12.7% on a year-over-year basis. research analysts forecast that Crown will post 4.36 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of CCK. Toronto Dominion Bank boosted its position in Crown by 12.1% in the second quarter. Toronto Dominion Bank now owns 1,715 shares of the industrial products company’s stock valued at $102,000 after buying an additional 185 shares during the last quarter. American International Group Inc. purchased a new stake in Crown in the fourth quarter valued at approximately $169,000. Ladenburg Thalmann Financial Services Inc. boosted its position in Crown by 40.6% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,988 shares of the industrial products company’s stock valued at $179,000 after buying an additional 863 shares during the last quarter. First Republic Investment Management Inc. purchased a new stake in Crown in the third quarter valued at approximately $205,000. Finally, Oakbrook Investments LLC purchased a new stake in Crown in the third quarter valued at approximately $207,000. Hedge funds and other institutional investors own 89.68% of the company’s stock.

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About Crown

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.

Analyst Recommendations for Crown (NYSE:CCK)

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