Crane Co. Reports Third Quarter Results and Raises Full-Year Guidance

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Crane (CR) PT Raised to $104 at BofA/Merrill Lynch

October 25, 2017 9:12 AM EDT

BofA/Merrill Lynch raised its price target on Crane (NYSE: CR) to $104.00 (from $90.00) while maintaining a Buy rating.

Analyst Kristine Liwag notes the company is winning market share in Fluid Handling as endmarkets begin to recover.

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Crane (CR) PT Raised to $95 at Canaccord Genuity

October 25, 2017 8:46 AM EDT

Canaccord Genuity raised its price target on Crane (NYSE: CR) to $95.00 (from $90.00) while maintaining a Buy rating.

Analyst Ken Herbert believes the strong Fluid Handling (FH) results were a highlight (up 4% core sales, 9% total), and the inflection point in this business remains a reason to own CR.

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Crane (CR) PT Raised to $92 at Oppenheimer

October 25, 2017 6:24 AM EDT

Oppenheimer raised its price target on Crane (NYSE: CR) to $92.00 (from $88.00) while maintaining a Outperform rating.

Analyst Jim Giannakouros raised estimates on FH strength.

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Crane Co. (CR) Tops Q3 EPS by 3c, Lifts FY EPS Guidance

October 23, 2017 5:02 PM EDT

Crane Co. (NYSE: CR) reported Q3 EPS of $1.13, $0.03 better than the analyst estimate of $1.10. Revenue for the quarter came in at $696 million versus the consensus estimate of $681.49 million.

GUIDANCE:

Crane Co. sees FY2017 EPS of $4.45-$4.55, versus the consensus of... More