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.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/25/2024 | Buy Now | 20.66% | Deutsche Bank | Scott Deuschle | → $144 | Initiates | → Buy | Get Alert |
06/14/2024 | Buy Now | -25.42% | Northcoast Research | Chris Olin | → $89 | Downgrade | Neutral → Sell | Get Alert |
06/10/2024 | Buy Now | 4.74% | TD Cowen | Gautam Khanna | $116 → $125 | Maintains | Buy | Get Alert |
05/28/2024 | Buy Now | 17.31% | Benchmark | Josh Sullivan | → $140 | Reiterates | Buy → Buy | Get Alert |
05/08/2024 | Buy Now | 17.31% | Benchmark | Josh Sullivan | $100 → $140 | Maintains | Buy | Get Alert |
05/02/2024 | Buy Now | -2.8% | TD Cowen | Gautam Khanna | $90 → $116 | Maintains | Buy | Get Alert |
09/13/2023 | Buy Now | -16.21% | Benchmark | Josh Sullivan | $65 → $100 | Maintains | Buy | Get Alert |
08/25/2023 | Buy Now | -38.83% | Northcoast Research | Chris Olin | → $73 | Initiates | → Buy | Get Alert |
08/01/2023 | Buy Now | -39.67% | TD Cowen | Gautam Khanna | $60 → $72 | Maintains | Outperform | Get Alert |
07/12/2023 | Buy Now | -45.53% | Benchmark | Josh Sullivan | → $65 | Reiterates | Buy → Buy | Get Alert |
05/18/2023 | Buy Now | -45.53% | Benchmark | Josh Sullivan | → $65 | Reiterates | Buy → Buy | Get Alert |
05/02/2023 | Buy Now | -45.53% | Benchmark | Josh Sullivan | $60 → $65 | Maintains | Buy | Get Alert |
04/24/2023 | Buy Now | -49.72% | TD Cowen | Gautam Khanna | $54 → $60 | Maintains | Outperform | Get Alert |
01/27/2023 | Buy Now | -54.75% | Cowen & Co. | Gautam Khanna | $50 → $54 | Maintains | Outperform | Get Alert |
09/12/2022 | Buy Now | -62.29% | Cowen & Co. | Gautam Khanna | → $45 | Upgrade | Market Perform → Outperform | Get Alert |
02/11/2022 | Buy Now | -55.59% | JP Morgan | Michael Glick | $52 → $53 | Upgrade | Neutral → Overweight | Get Alert |
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.
The latest analyst rating for Carpenter Tech (NYSE:CRS) was provided by Deutsche Bank, and Carpenter Tech initiated their buy 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 June 25, 2024 so you should expect the next rating to be made available sometime around June 25, 2025.
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.
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