Bank of America Securities analyst George Staphos maintained a Buy rating on Crown Holdings yesterday and set a price target of $114.00.
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George Staphos has given his Buy rating due to a combination of factors including Crown Holdings’ strong performance in the European market, which has offset some of the challenges faced in the Americas. The company’s ability to exceed expectations with its European Beverage and Tinplate segments contributed to a solid quarter, despite mixed results in other regions.
Furthermore, the company’s management has shown confidence through three consecutive upward revisions to guidance, indicating positive expectations moving into the fourth quarter. The raised full-year 2025 EPS and free cash flow guidance, along with achieving a long-term net leverage target, highlight Crown Holdings’ financial strength and strategic positioning. These factors suggest a positive outlook for the company, supporting the Buy rating.
Staphos covers the Consumer Cyclical sector, focusing on stocks such as Sonoco Products, International Paper Co, and Packaging. According to TipRanks, Staphos has an average return of 4.1% and a 50.83% success rate on recommended stocks.
In another report released yesterday, Jefferies also maintained a Buy rating on the stock with a $135.00 price target.