Truist Securities Reiterates Hold Rating on Crown Holdings (CCK)

Citi on Ball Corporation (BALL): 'BALL is subject tariffs on cans of beer coming from Mexico but scanner data was solid again in May'

Citi: 'Box demand looked sluggish in May, with some pressure on recycled liner'

The analyst comments "Box demand widely characterized as sluggish & uncertain Recycled linerboard prices remain under pressure from smaller producers, according to P&PW Friday AMC. Boxmakers are less concerned about supply availability following recent closures and appear more concerned with soft demand trends. One boxmaker cited by P&PW characterized demand as OK but slower than theyd like it to be with another adding Its a very loose market. There was no 2Q seasonal uptick. Demand in Mexico is further at its lowest point since COVID due to... More

BofA on Crown Holdings (CCK): 'Crown to add capacity to existing plant in Brazil'

BofA on Crown Holdings (NYSE: CCK): 'Crown to add capacity to existing plant in Brazil'.

The analyst comments "Crown Holdings (CCK; Buy) announced plans to add a third high-speed production line at its plant in Ponta Grossa, Brazil to serve both alcoholic... More

Morgan Stanley Over Weekend: 'Our analysis points to a ~2% retail price inflation impact from a 50% tariff on aluminum'

The analyst comments "What happened? On Friday, President Trump announced an increase of aluminum tariffs from 25% to 50%, effective June 4th (see HERE). We expect beverage can producer stocks (BALL, CCK, AMBP) to react negatively on the news. Our analysis points to a ~2% retail price inflation impact from a 50% tariff on aluminum. Expanding on our past analyses on the impact of aluminum tariffs on beverage inflation (HERE & HERE), we continue to see potential tariff impacts as manageable when viewed in isolation. As a reminder, aluminum prices and related regional premiums (i.e. what buyers pay on top of the underlying... More

Crown Holdings (CCK) to Add Third Line to Ponta Grossa, Brazil Beverage Can Plant

Crown Holdings, Inc. (NYSE: CCK) announced today that the Company will add a new high-speed production line to its beverage can plant in Ponta Grossa, in the state of Parana. The additional capacity will serve the... More

Citi Comments on US Containers and Packaging

Citi Comments on US Containers and Packaging.

The analyst comments "Supportive outlook from Canpack: Total company vols rose +3% Y/Y as growth in Asia & Africa (+24%) more than offset flat demand in Europe and declines in Americas (-2%) as growth in the US was offset by weakness in Brazil. Canpack is at maximum volume outputs in Europe and is cautiously optimistic on the balance of 2025. Canpack has seen flattish Y/Y vols in April & May as growth in Asia & Africa... More