Crown Limited Stock Rating Reaffirmed by Deutsche Bank (CWN)
Crown Limited (ASX:CWN)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank in a report released on Friday, AR Network reports. They currently have a $20.40 price target on the stock.
Crown Limited (ASX:CWN) traded down 2.77% on Friday, hitting A$17.210. 2,621,271 shares of the company’s stock traded hands. Crown Limited has a 1-year low of A$11.080 and a 1-year high of A$18.220. The stock has a 50-day moving average of A$16.90 and a 200-day moving average of A$15.55. The company has a market cap of A$12.534 billion and a price-to-earnings ratio of 32.60.
A number of other firms have also recently commented on CWN. Analysts at Citigroup Inc. raised their price target on shares of Crown Limited from $16.60 to $17.50 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Finally, analysts at CIMB initiated coverage on shares of Crown Limited in a research note to investors on Sunday, November 17th. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Crown Limited currently has a consensus 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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