Forecasting The Future: 6 Analyst Projections For Crane
Portfolio Pulse from Benzinga Insights
Six analysts have recently published ratings on Crane (NYSE:CR), with the majority being bullish. The average 12-month price target is $159.83, marking a 10.74% increase from the previous average. Analysts have raised their price targets, reflecting positive sentiment towards Crane's financial performance, which includes a 10.02% revenue growth rate and a strong ROA of 2.73%. However, the company faces challenges with a net margin of 11.46% and an ROE of 4.69%.
July 18, 2024 | 3:00 pm
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Analysts have shown a bullish sentiment towards Crane (NYSE:CR) with an average 12-month price target of $159.83, reflecting a 10.74% increase. The company's strong revenue growth and ROA are positive indicators, though challenges remain with its net margin and ROE.
The majority of analysts have raised their price targets and ratings for Crane, indicating a positive outlook. The company's strong revenue growth and ROA support this sentiment, although its net margin and ROE present some challenges. Overall, the bullish sentiment and increased price targets suggest a likely upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100