Skip to main content

Market Overview

UPDATE: JP Morgan Color on Crown Holdings Initiation


JP Morgan, which initiated coverage of Crown Holdings Inc. (NYSE: CCK), is providing some color on the stock.

“While CCK is a consensus long (83% buys), it is hard to ignore the combination of above-average organic growth and shareholder friendly capital allocation, which should lead to continued strong EPS growth over the next several years,” JP Morgan writes.

“By 2013, CCK should be on track to gain 5-10 points of market share in key emerging markets such as Brazil and China, along with its dominant share in the Middle East and SE Asia, all of which should drive higher long-term earnings power and FCF generation once volumes are fully ramped.”

Crown Holdings closed Friday at $38.09.


Related Articles (CCK)

View Comments and Join the Discussion!

Posted-In: crown holdings JP MorganAnalyst Color Analyst Ratings

Latest Ratings

FSRMorgan StanleyMaintains40.0
MEDDA DavidsonMaintains302.0
VICRBWS FinancialMaintains120.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at