Kennametal Inc has a consensus price target of $26.32 based on the ratings of 11 analysts. The high is $32 issued by Jefferies on December 6, 2024. The low is $19 issued by UBS on July 8, 2022. The 3 most-recent analyst ratings were released by Morgan Stanley, Jefferies, and Loop Capital on December 17, 2024, December 6, 2024, and November 19, 2024, respectively. With an average price target of $28.67 between Morgan Stanley, Jefferies, and Loop Capital, there's an implied 16.63% upside for Kennametal Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Kennametal (NYSE:KMT) was reported by Morgan Stanley on December 17, 2024. The analyst firm set a price target for $28.00 expecting KMT to rise to within 12 months (a possible 13.91% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Kennametal (NYSE:KMT) was provided by Morgan Stanley, and Kennametal maintained their equal-weight rating.
There is no last upgrade for Kennametal
The last downgrade for Kennametal Inc happened on December 6, 2024 when Jefferies changed their price target from $40 to $32 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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Kennametal (KMT) rating was a maintained with a price target of $24.50 to $28.00. The current price Kennametal (KMT) is trading at is $24.58, which is within the analyst’s predicted range.
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