Deep Dive Into Carpenter Tech Stock: Analyst Perspectives (7 Ratings)
Portfolio Pulse from Benzinga Insights
Carpenter Technology Corp (NYSE: CRS) has received mixed ratings from analysts over the past three months, with a majority being bullish. The average 12-month price target has increased to $132.71. Key analysts have raised their price targets, reflecting positive sentiment despite some financial challenges.
July 26, 2024 | 5:00 pm
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Carpenter Technology Corp (NYSE: CRS) has received a mix of bullish and bearish ratings from analysts over the past three months. The average 12-month price target has increased to $132.71, with a high estimate of $175.00 and a low estimate of $89.00. Key analysts have raised their price targets, reflecting positive sentiment despite some financial challenges such as a decline in revenue growth and below-average net margin, ROE, and ROA.
The majority of analysts have given bullish ratings, and the average price target has increased, indicating positive sentiment. However, financial challenges such as a decline in revenue growth and below-average net margin, ROE, and ROA may temper the optimism. The overall impact is likely positive in the short term due to the raised price targets and bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100