Investing.com - Jefferies reiterated a Buy rating and $142.00 price target on Crown Holdings (NYSE:CCK) shares. The packaging giant has delivered a strong 33% return over the past year, with shares currently trading at $114.92, near their 52-week high of $115.85. According to InvestingPro analysis, the stock remains undervalued at current levels, with eight analysts recently revising their earnings estimates upward for the upcoming period.
Jefferies analyst Philip Ng is hosting an investor field trip to Crown's Bowling Green beverage can plant on March 16-17. The facility is one of Crown's newest and most advanced operations in North America.
Located in the Kentucky Transpark, the Bowling Green plant is a 327,000-square-foot facility built to support growing demand for beverage cans across carbonated soft drinks, ready-to-drink cocktails, sparkling water, energy drinks, teas, hard seltzers, and nutritional beverages. The facility began operations in 2021 and is designed for high-speed, high-efficiency production, with capacity approaching 1.3 billion cans annually at full utilization.
The schedule includes dinner in Nashville on March 16 with Tom Fischer, VP IR & Corporate Affairs, followed by a plant tour and round table session with plant managers and the executive team on March 17. Crown generates higher margins and returns than its competitors, leveraging its in-house equipment manufacturing business and engineering team for faster response times and customization.
Crown's history of servicing smaller customers and more frequent changeovers has allowed the company to navigate a dynamic supply chain backdrop and service growth categories and newer brands, including exclusive partnerships with High Noon and Athletic. For deeper insights into Crown's financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro alongside analysis of 1,400+ other US equities.
In other recent news, Crown Holdings reported strong fourth-quarter 2025 earnings, with adjusted earnings per share (EPS) of $1.74, exceeding the forecasted $1.70. Despite the positive earnings results, the company's stock experienced a decline in premarket trading, indicating investor concerns about future growth. RBC Capital raised its price target for Crown Holdings to $140 from $120, maintaining an Outperform rating due to the company's strong execution and consistent performance over the past eight quarters. Meanwhile, UBS downgraded Crown Holdings from Buy to Neutral, setting a price target of $126, as the company is expected to experience more moderate earnings growth in the coming years. Wolfe Research also downgraded the stock from Outperform to Peerperform, citing a balanced risk/reward profile after a recent stock rally. Additionally, JPMorgan downgraded Crown Holdings from Overweight to Neutral, though it raised the price target to $115 from $112 due to valuation concerns. These developments reflect a period of mixed analyst sentiment toward Crown Holdings, with varying expectations for the company's future performance.
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