JPMorgan Chase & Co. Reiterates Overweight Rating for Crown Limited (CWN)
Crown Limited (ASX:CWN)‘s stock had its “overweight” rating restated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork reports.
CWN has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Crown Limited (ASX:CWN) in a research note to investors on Wednesday. They now have a $16.00 price target on the stock. Separately, analysts at Credit Suisse upgraded shares of Crown Limited (ASX:CWN) from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, September 12th. They now have a $12.80 price target on the stock, down previously from $16.40.
Shares of Crown Limited (ASX:CWN) remained flat at A$15.770 during during mid-day trading trading on Thursday. 2,118,439 shares of the company’s stock traded hands. Crown Limited has a 52-week low of A$8.920 and a 52-week high of A$15.990. The stock has a 50-day moving average of A$14.26 and a 200-day moving average of A$13.01. The company has a market cap of A$11.486 billion and a price-to-earnings ratio of 29.04.
Crown Limited (ASX:CWN) is engaged in gaming and entertainment business.
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