Royal Bank Of Canada Increases Crown (NYSE:CCK) Price Target to $135.00

Crown (NYSE:CCK) had its price target lifted by analysts at Royal Bank Of Canada from $131.00 to $135.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “outperform” rating on the industrial products company’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 14.53% from the stock’s current price.

A number of other equities research analysts have also commented on CCK. Jefferies Financial Group set a $121.00 price target on Crown in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Crown in a research report on Wednesday. Robert W. Baird raised their target price on shares of Crown from $120.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday. JPMorgan Chase & Co. downgraded shares of Crown from an “overweight” rating to a “neutral” rating and raised their target price for the stock from $107.00 to $121.00 in a report on Wednesday. Finally, DA Davidson cut their price target on shares of Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Crown has a consensus rating of “Moderate Buy” and a consensus target price of $128.20.

Crown Trading Up 3.0%

CCK opened at $117.88 on Friday. The firm’s fifty day moving average is $104.60 and its two-hundred day moving average is $105.16. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.70 and a current ratio of 1.05. The firm has a market cap of $13.17 billion, a PE ratio of 16.96, a price-to-earnings-growth ratio of 1.74 and a beta of 0.60. Crown has a twelve month low of $89.21 and a twelve month high of $121.76.

Crown (NYSE:CCK) last posted its earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.33. Crown had a return on equity of 27.33% and a net margin of 5.91%.The firm had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same period in the previous year, the company posted $2.15 earnings per share. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Equities research analysts anticipate that Crown will post 8.39 EPS for the current year.

Insider Activity at Crown

In other news, CEO Timothy J. Donahue sold 15,000 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the completion of the transaction, the chief executive officer directly owned 436,070 shares of the company’s stock, valued at $45,787,350. This represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Crown

A number of hedge funds and other institutional investors have recently bought and sold shares of CCK. Caitong International Asset Management Co. Ltd acquired a new position in Crown during the 3rd quarter worth approximately $29,000. ORG Partners LLC raised its holdings in shares of Crown by 52.5% in the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 105 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Crown by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 111 shares in the last quarter. BOK Financial Private Wealth Inc. bought a new stake in shares of Crown in the fourth quarter worth $42,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Crown by 52.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 151 shares during the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

Key Stories Impacting Crown

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Royal Bank of Canada raised its price target on Crown Holdings to $135 from $131 and reiterated an outperform rating, suggesting meaningful upside from current levels. Benzinga report
• Positive Sentiment: Crown Holdings declared a quarterly dividend of $0.35 per share, which can appeal to income-focused investors and signals continued shareholder returns. Press release
• Positive Sentiment: Several analysts remained constructive after the earnings beat, including Truist reaffirming Buy and Wells Fargo lifting its price target to $127, which adds to the bullish tone around the stock. Article
• Neutral Sentiment: UBS reportedly kept a Hold rating, indicating some analysts see the shares as fairly valued after the recent rally. UBS Hold report
• Negative Sentiment: J.P. Morgan reportedly downgraded Crown to Neutral after the strong run-up, which may reflect concerns that much of the good news is already priced in. Seeking Alpha report

About Crown

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.