Analist
6/13/2024 02:55pm
Analysts have provided a range of price targets for Crown Holdings (CRKN) based on their forecasts. Here's a summary of the relevant information:
1. **Average Price Target**: The average price target for CRKN is $85.81, with a high forecast of $106.00 and a low forecast of $5.90.
2. **Analyst Consensus**: The consensus rating for CRKN is not available, but the price target suggests that analysts have a positive outlook on the stock.
3. **Short-term Targets**: Based on short-term price targets offered by 15 analysts, the average price target is $97.27, with forecasts ranging from a low of $84.00 to a high of $112.00. This represents an increase of 15.5% from the last closing price of $84.22.
4. **Brokerage Recommendations**: CRKN has an average brokerage recommendation (ABR) of 1.60 on a scale of 1 to 5, indicating a "Strong Buy" rating. Of the 15 recommendations, 10 are Strong Buy and 1 is Buy.
In conclusion, the forward price-to-earnings ratio for CRKN based on the provided analyst targets is not directly available. However, the average price target of $85.81 and the short-term targets suggest a potential for growth from the current price level. The positive brokerage recommendations also support the notion of a favorable outlook for the stock. Investors should consider these targets and ratings as part of their overall analysis when making investment decisions.