Crown (NYSE:CCK) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Analysts at Deutsche Bank Aktiengesellschaft started coverage on shares of Crown (NYSE:CCKGet Free Report) in a research report issued on Wednesday. The brokerage set a “buy” rating and a $124.00 price target on the industrial products company’s stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 23.73% from the stock’s previous close.

A number of other research firms also recently weighed in on CCK. Morgan Stanley restated an “overweight” rating on shares of Crown in a report on Friday, February 6th. Royal Bank Of Canada increased their target price on shares of Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Wall Street Zen cut Crown from a “buy” rating to a “hold” rating in a research report on Saturday. Jefferies Financial Group reiterated a “buy” rating on shares of Crown in a research note on Monday, February 23rd. Finally, JPMorgan Chase & Co. lowered Crown from an “overweight” rating to a “neutral” rating and increased their price objective for the company from $112.00 to $155.00 in a report on Friday, February 6th. Twelve equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Crown presently has an average rating of “Moderate Buy” and an average price target of $125.13.

Get Our Latest Stock Report on Crown

Crown Stock Performance

Shares of CCK stock opened at $100.22 on Wednesday. Crown has a fifty-two week low of $75.98 and a fifty-two week high of $116.62. The stock’s 50-day moving average is $107.64 and its two-hundred day moving average is $101.54. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.03 and a quick ratio of 0.66. The firm has a market cap of $11.25 billion, a P/E ratio of 15.73, a PEG ratio of 1.15 and a beta of 0.70.

Crown (NYSE:CCKGet Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.69 by $0.05. The business had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Crown had a return on equity of 26.68% and a net margin of 5.97%.The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.59 EPS. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. Analysts predict that Crown will post 6.96 earnings per share for the current fiscal year.

Insider Activity at Crown

In other news, CEO Timothy J. Donahue sold 7,500 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $110.67, for a total value of $830,025.00. Following the completion of the sale, the chief executive officer directly owned 474,736 shares of the company’s stock, valued at approximately $52,539,033.12. This represents a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the completion of the sale, the chief operating officer owned 88,052 shares in the company, valued at approximately $10,108,369.60. The trade was a 25.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 73,758 shares of company stock valued at $8,078,508. 0.90% of the stock is owned by corporate insiders.

Institutional Trading of Crown

A number of hedge funds have recently bought and sold shares of CCK. Norges Bank bought a new position in shares of Crown during the 4th quarter worth about $158,288,000. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Crown during the fourth quarter valued at about $127,230,000. JPMorgan Chase & Co. lifted its stake in shares of Crown by 226.7% in the third quarter. JPMorgan Chase & Co. now owns 1,474,038 shares of the industrial products company’s stock valued at $142,377,000 after buying an additional 1,022,789 shares during the period. Invesco Ltd. grew its position in Crown by 58.6% during the second quarter. Invesco Ltd. now owns 2,727,276 shares of the industrial products company’s stock worth $280,855,000 after buying an additional 1,007,980 shares in the last quarter. Finally, Swedbank AB increased its stake in Crown by 60.8% during the third quarter. Swedbank AB now owns 2,493,570 shares of the industrial products company’s stock valued at $240,854,000 after acquiring an additional 943,045 shares during the period. 90.93% of the stock is owned by institutional investors.

Crown Company Profile

(Get Free Report)

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.

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Analyst Recommendations for Crown (NYSE:CCK)

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