Truist analyst Michael Roxland has adjusted the price target for Crown Holdings (CCK, Financial), reducing it from $107 to $97. Despite this adjustment, Roxland maintains a Hold rating on the stock.
This revision comes as a response to recent market dynamics, where valuation multiples have seen a decline. The downturn is attributed to apprehensions surrounding potential tariffs and the looming risk of a recession, which could be fueled by a deceleration in consumer demand.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Crown Holdings Inc (CCK, Financial) is $108.29 with a high estimate of $129.00 and a low estimate of $89.00. The average target implies an upside of 28.58% from the current price of $84.22. More detailed estimate data can be found on the Crown Holdings Inc (CCK) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Crown Holdings Inc's (CCK, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Crown Holdings Inc (CCK, Financial) in one year is $86.24, suggesting a upside of 2.4% from the current price of $84.22. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Crown Holdings Inc (CCK) Summary page.
