BMO Capital Keeps a Buy Rating on Crown Cap (CRWN)

By Austin Angelo

In a latest note to investors, a research analyst has provided a rating update for the Financial sector company, Crown Cap (CRWNResearch Report). Today, analyst Stephen Macleod gave a Buy rating to CRWN and set a C$11 price target.

Macleod has an average return of 9.3% when recommending Crown Cap.

According to TipRanks.com, Macleod is ranked #660 out of 5141 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Crown Cap with a C$11 average price target.

Based on Crown Cap’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$1.81 million. In comparison, last year the company had a net profit of C$2.11 million.

Crown Capital Partners, Inc. engages in the provision of capital to middle-market companies. Its financing solutions include subordinate term and bridge loans, perpetual debt, income streaming, and royalties. The company was founded by Christopher A. Johnson on September 8, 1999 and is headquartered in Calgary, Canada.

The company’s shares closed on Friday at C$9.95.