Deutsche Bank Downgrades Crown Holdings (CCK) to Hold on Valuation
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Price: $43.72 --0%
Rating Summary:
9 Buy, 3 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 15 | Down: 15 | New: 29
Rating Summary:
9 Buy, 3 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 15 | Down: 15 | New: 29
Trade CCK Now!
Deutsche Bank downgraded Crown Holdings (NYSE: CCK) from Buy to Hold with a price target of $40.00 citing valuation versus a shift in industry fundamentals.
The firm notes shares are trading at the upper-end of their historical fwd EV/EBITDA multiples.
For an analyst ratings summary and ratings history on Crown Holdings click here. For more ratings news on Crown Holdings click here.
Shares of Crown Holdings closed at $37.35 yesterday, with a 52 week range of $29.92-$39.05.
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The firm notes shares are trading at the upper-end of their historical fwd EV/EBITDA multiples.
For an analyst ratings summary and ratings history on Crown Holdings click here. For more ratings news on Crown Holdings click here.
Shares of Crown Holdings closed at $37.35 yesterday, with a 52 week range of $29.92-$39.05.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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