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Crane Co T.CR


Primary Symbol: CR Alternate Symbol(s):  CXT

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.


NYSE:CR - Post by User

Comment by gonatgasgoon Jan 10, 2024 12:44pm
119 Views
Post# 35819644

RE:I just got a downgrade alert from $7 to $5

RE:I just got a downgrade alert from $7 to $5Why did they downgrade Crew (and pretty much the rest of the sector)?  It would require a 50% increase to reach the $7 target.  At least now, it is closer to 10%.  When Crew hits $5.50, they will increase the target to $6.  They just chase the stock price...on the way down and up.

Dale, please release the 2024 outlook and the new plan.



upinmuskoka1 wrote: by National Bank

Not that I pay attention to what any scumbag analysts says because they are never right. But saying that the downward spiral on the share price will intensify as more downgrades start coming in.
We will most likely be hitting new 52 week lows by the end of the 1stqrt.

Like I said last week CREW just might be the PIPESTONE of 2024. A lowball buyer will swoop in and maybe offer a small premium that won’t even be close to the 52 week high.

Scary times indeed.







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