KeyBanc Starts CARBO Ceramics Inc. (CRR) at Hold

KeyBanc initiated coverage on CARBO Ceramics Inc. (NYSE: CRR) with a Hold rating.

Analyst Robin Shoemaker said, "Our HOLD rating on the stock implies that we see less than 10% upside/downside potential over the next six to 12 months. CRR trades at a premium to the average P/E and EV/EBITDA multiples of its peers."

For an analyst ratings summary and ratings history on CARBO Ceramics Inc. click here. For more ratings news on CARBO Ceramics Inc. click here.

Shares of CARBO Ceramics Inc. closed at $101.53 yesterday.

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