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Crane Company (CR) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Sat Jan 24, 7:28AM CST

Stifel Nicolaus analyst Nathan Jones maintained a Hold rating on Crane Company today and set a price target of $201.00.

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Jones covers the Industrials sector, focusing on stocks such as Parker Hannifin, Lincoln Electric Holdings, and Helios Technologies. According to TipRanks, Jones has an average return of 22.4% and a 75.16% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Crane Company with a $219.00 average price target.

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Based on Crane Company’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $589.2 million and a net profit of $91.4 million. In comparison, last year the company earned a revenue of $597.2 million and had a net profit of $77.3 million

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