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Carpenter Technology Corp has a consensus price target of $130 based on the ratings of 8 analysts. The high is $235 issued by JP Morgan on January 27, 2025. The low is $53 issued by JP Morgan on February 11, 2022. The 3 most-recent analyst ratings were released by JP Morgan, JP Morgan, and Benchmark on January 27, 2025, November 22, 2024, and October 25, 2024, respectively. With an average price target of $210 between JP Morgan, JP Morgan, and Benchmark, there's an implied 3.28% 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 January 27, 2025. The analyst firm set a price target for $235.00 expecting CRS to rise to within 12 months (a possible 15.58% upside). 11 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 January 27, 2025 so you should expect the next rating to be made available sometime around January 27, 2026.
While ratings are subjective and will change, the latest Carpenter Tech (CRS) rating was a maintained with a price target of $220.00 to $235.00. The current price Carpenter Tech (CRS) is trading at is $203.33, which is out of the analyst’s predicted range.
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