Crown Cap Gets a Buy Rating from BMO Capital

By Austin Angelo

In a latest note to investors, a research analyst has provided a rating update for the Financial sector company, Crown Cap (TSX: CRWN). Analyst Stephen Macleod from BMO Capital reiterated a Buy rating, with a C$12 price target today.

Macleod has an average return of 8.6% when recommending Crown Cap.

According to TipRanks.com, Macleod is ranked #155 out of 4560 analysts.

Currently, the analyst consensus on Crown Cap is Strong Buy and the average price target is C$12.17, representing a 22.9% upside.

In a report issued on May 9, Canaccord Genuity also reiterated a Buy rating on the stock with a C$12 price target.

The company has a one year high of C$11.90 and a one year low of C$8.55. Currently, Crown Cap has an average volume of 6,093.

Crown Capital Partners, Inc. engages in the provision of capital to Canadian companies, and selected U. S. companies, that are unwilling or unable to obtain suitable financing from traditional capital providers. The company was founded by Christopher A. Johnson on September 8, 1999 and is headquartered in Calgary, Canada.

The company’s shares closed last Wednesday at $9.90.