Kennametal Inc has a consensus price target of $26.23 based on the ratings of 11 analysts. The high is $35 issued by Jefferies on July 15, 2022. The low is $19 issued by UBS on July 8, 2022. The 3 most-recent analyst ratings were released by Loop Capital, B of A Securities, and Loop Capital on November 19, 2024, October 18, 2024, and August 22, 2024, respectively. With an average price target of $25.33 between Loop Capital, B of A Securities, and Loop Capital, there's an implied -12.13% downside for Kennametal Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Kennametal (NYSE:KMT) was reported by Loop Capital on November 19, 2024. The analyst firm set a price target for $26.00 expecting KMT to fall to within 12 months (a possible -9.82% downside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Kennametal (NYSE:KMT) was provided by Loop Capital, and Kennametal maintained their hold rating.
There is no last upgrade for Kennametal
The last downgrade for Kennametal Inc happened on October 18, 2024 when B of A Securities changed their price target from $26 to $26 for Kennametal Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Kennametal, 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 Kennametal was filed on November 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.
While ratings are subjective and will change, the latest Kennametal (KMT) rating was a maintained with a price target of $24.00 to $26.00. The current price Kennametal (KMT) is trading at is $28.83, which is out of the analyst’s predicted range.
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