Deutsche Bank Downgrades Crown Holdings (CCK) to Hold on Valuation
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Price: $78.81 +0.27%
Rating Summary:
20 Buy, 5 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 10 | New: 14
Rating Summary:
20 Buy, 5 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 10 | New: 14
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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.
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.
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