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Carpenter Tech

CRSNYSE
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$156.00
10.65%
Pre-Market: 4:43 AM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$175.00
Lowest Price Target1
$53.00
Consensus Price Target1
$115.00

Carpenter Tech (NYSE:CRS) Stock, Analyst Ratings, Price Targets, Forecasts

Carpenter Technology Corp has a consensus price target of $115 based on the ratings of 7 analysts. The high is $175 issued by Benchmark on July 26, 2024. The low is $53 issued by JP Morgan on February 11, 2022. The 3 most-recent analyst ratings were released by BTIG, Benchmark, and Deutsche Bank on July 30, 2024, July 26, 2024, and June 25, 2024, respectively. With an average price target of $161.33 between BTIG, Benchmark, and Deutsche Bank, there's an implied 3.42% upside for Carpenter Technology Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
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0
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0
May
1
Jun
0
0
0
0
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BTIG
Benchmark
Deutsche Bank
Northcoast Research
TD Cowen

1calculated from analyst ratings

Analyst Ratings for Carpenter Tech

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Carpenter Tech (CRS) stock?

A

The latest price target for Carpenter Tech (NYSE:CRS) was reported by BTIG on July 30, 2024. The analyst firm set a price target for $165.00 expecting CRS to rise to within 12 months (a possible 5.77% upside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Carpenter Tech (CRS)?

A

The latest analyst rating for Carpenter Tech (NYSE:CRS) was provided by BTIG, and Carpenter Tech maintained their buy rating.

Q

When was the last upgrade for Carpenter Tech (CRS)?

A

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.

Q

When was the last downgrade for Carpenter Tech (CRS)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Carpenter Tech (CRS)?

A

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 July 30, 2024 so you should expect the next rating to be made available sometime around July 30, 2025.

Q

Is the Analyst Rating Carpenter Tech (CRS) correct?

A

While ratings are subjective and will change, the latest Carpenter Tech (CRS) rating was a maintained with a price target of $120.00 to $165.00. The current price Carpenter Tech (CRS) is trading at is $156.00, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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