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Carpenter Technology Corp has a consensus price target of $141.71 based on the ratings of 7 analysts. The high is $240 issued by JP Morgan on February 19, 2025. The low is $54 issued by Cowen & Co. on January 27, 2023. The 3 most-recent analyst ratings were released by JP Morgan on February 19, 2025, January 27, 2025, and November 22, 2024, respectively. With an average price target of $231.67 between JP Morgan, there's an implied 10.32% upside for Carpenter Technology Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Carpenter Tech (NYSE:CRS) was reported by JP Morgan on February 19, 2025. The analyst firm set a price target for $240.00 expecting CRS to rise to within 12 months (a possible 14.29% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Carpenter Tech (NYSE:CRS) was provided by JP Morgan, and Carpenter Tech maintained their overweight rating.
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.
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.
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 February 19, 2025 so you should expect the next rating to be made available sometime around February 19, 2026.
While ratings are subjective and will change, the latest Carpenter Tech (CRS) rating was a maintained with a price target of $235.00 to $240.00. The current price Carpenter Tech (CRS) is trading at is $210.00, which is out of the analyst’s predicted range.
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