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Carpenter Tech

CRSNYSE
$119.34
00.00%
Pre-Market: Jul 19, 5:07 PM EDT
15 minutes delayed
Q4 2024 Earnings in 3 days from now on Thu Jul 25th, before the market open
Conference call scheduled in 3 days at 10:00 AM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$144.00
Lowest Price Target1
$53.00
Consensus Price Target1
$100.83

Carpenter Tech (NYSE:CRS) Stock, Analyst Ratings, Price Targets, Forecasts

Carpenter Technology Corp has a consensus price target of $100.83 based on the ratings of 6 analysts. The high is $144 issued by Deutsche Bank on June 25, 2024. The low is $53 issued by JP Morgan on February 11, 2022. The 3 most-recent analyst ratings were released by Deutsche Bank, Northcoast Research, and TD Cowen on June 25, 2024, June 14, 2024, and June 10, 2024, respectively. With an average price target of $119.33 between Deutsche Bank, Northcoast Research, and TD Cowen, there's an implied -0.01% downside for Carpenter Technology Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
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0
0
0
May
1
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Deutsche Bank
Northcoast Research
TD Cowen
Benchmark
Cowen & Co.

1calculated from analyst ratings

Analyst Ratings for Carpenter Tech

Buy NowGet Alert
06/25/2024Buy Now20.66%Deutsche Bank
Scott Deuschle
→ $144Initiates → BuyGet Alert
06/14/2024Buy Now-25.42%Northcoast Research
Chris Olin
→ $89DowngradeNeutral → SellGet Alert
06/10/2024Buy Now4.74%TD Cowen
Gautam Khanna
$116 → $125MaintainsBuyGet Alert
05/28/2024Buy Now17.31%Benchmark
Josh Sullivan
→ $140ReiteratesBuy → BuyGet Alert
05/08/2024Buy Now17.31%Benchmark
Josh Sullivan
$100 → $140MaintainsBuyGet Alert
05/02/2024Buy Now-2.8%TD Cowen
Gautam Khanna
$90 → $116MaintainsBuyGet Alert
09/13/2023Buy Now-16.21%Benchmark
Josh Sullivan
$65 → $100MaintainsBuyGet Alert
08/25/2023Buy Now-38.83%Northcoast Research
Chris Olin
→ $73Initiates → BuyGet Alert
08/01/2023Buy Now-39.67%TD Cowen
Gautam Khanna
$60 → $72MaintainsOutperformGet Alert
07/12/2023Buy Now-45.53%Benchmark
Josh Sullivan
→ $65ReiteratesBuy → BuyGet Alert
05/18/2023Buy Now-45.53%Benchmark
Josh Sullivan
→ $65ReiteratesBuy → BuyGet Alert
05/02/2023Buy Now-45.53%Benchmark
Josh Sullivan
$60 → $65MaintainsBuyGet Alert
04/24/2023Buy Now-49.72%TD Cowen
Gautam Khanna
$54 → $60MaintainsOutperformGet Alert
01/27/2023Buy Now-54.75%Cowen & Co.
Gautam Khanna
$50 → $54MaintainsOutperformGet Alert
09/12/2022Buy Now-62.29%Cowen & Co.
Gautam Khanna
→ $45UpgradeMarket Perform → OutperformGet Alert
02/11/2022Buy Now-55.59%JP Morgan
Michael Glick
$52 → $53UpgradeNeutral → OverweightGet Alert

FAQ

Q

What is the target price for Carpenter Tech (CRS) stock?

A

The latest price target for Carpenter Tech (NYSE:CRS) was reported by Deutsche Bank on June 25, 2024. The analyst firm set a price target for $144.00 expecting CRS to rise to within 12 months (a possible 20.66% upside). 9 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Carpenter Tech (CRS)?

A

The latest analyst rating for Carpenter Tech (NYSE:CRS) was provided by Deutsche Bank, and Carpenter Tech initiated their buy rating.

Q

When was the last upgrade for Carpenter Tech (CRS)?

A

The last upgrade for Carpenter Technology Corp happened on September 12, 2022 when Cowen & Co. raised their price target to $45. Cowen & Co. previously had a market perform for Carpenter Technology Corp.

Q

When was the last downgrade for Carpenter Tech (CRS)?

A

The last downgrade for Carpenter Technology Corp happened on June 14, 2024 when Northcoast Research changed their price target from N/A to $89 for Carpenter Technology Corp.

Q

When is the next analyst rating going to be posted or updated for Carpenter Tech (CRS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Carpenter Tech, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Carpenter Tech was filed on June 25, 2024 so you should expect the next rating to be made available sometime around June 25, 2025.

Q

Is the Analyst Rating Carpenter Tech (CRS) correct?

A

While ratings are subjective and will change, the latest Carpenter Tech (CRS) rating was a initiated with a price target of $0.00 to $144.00. The current price Carpenter Tech (CRS) is trading at is $119.34, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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