Crown Limited Price Target Raised to $17.50 at Citigroup Inc. (CWN)
Research analysts at Citigroup Inc. raised their price objective on shares of Crown Limited (ASX:CWN) from $16.60 to $17.50 in a report released on Friday, Analyst Ratings Network.com reports. The firm currently has a “neutral” rating on the stock.
Crown Limited (ASX:CWN) traded down 2.77% during mid-day trading on Friday, hitting A$17.210. The stock had a trading volume of 2,621,271 shares. Crown Limited has a 1-year low of A$11.080 and a 1-year high of A$18.220. The stock’s 50-day moving average is A$16.88 and its 200-day moving average is A$15.54. The company has a market cap of A$12.534 billion and a P/E ratio of 32.60.
CWN has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Crown Limited in a research note to investors on Thursday, January 16th. They now have a $20.40 price target on the stock, up previously from $20.00. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of A$16.90 ($14.82).
Crown Limited (ASX:CWN) is engaged in gaming and entertainment business.
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