$80.40
0[0.00%]
At close: Apr 24
$80.40
0[0.00%]
PreMarket: 4:00PM EDT
Carpenter Tech
(NYSE:CRS)Carpenter Tech Stock (NYSE:CRS), Analyst Ratings, Price Targets, Predictions
Carpenter Technology Corp has a consensus price target of $70.4, established from looking at the 11 latest analyst ratings. The last 3 analyst ratings were released from Benchmark, Northcoast Research, and TD Cowen on September 13, 2023, August 25, 2023, and August 1, 2023. With an average price target of $81.67 between Benchmark, Northcoast Research, and TD Cowen, there's an implied 1.58% upside for Carpenter Technology Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Benchmark
Northcoast Research
TD Cowen
Cowen & Co.
JP Morgan
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Carpenter Tech
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 09/13/2023 | CRS | Buy Now | Carpenter Tech | $80.40 | 24.38% | Benchmark | Josh Sullivan | $65 → $100 | Maintains | Buy | Get Alert |
| 08/25/2023 | CRS | Buy Now | Carpenter Tech | $80.40 | -9.2% | Northcoast Research | Chris Olin | → $73 | Initiates | → Buy | Get Alert |
| 08/01/2023 | CRS | Buy Now | Carpenter Tech | $80.40 | -10.45% | TD Cowen | Gautam Khanna | $60 → $72 | Maintains | Outperform | Get Alert |
| 07/12/2023 | CRS | Buy Now | Carpenter Tech | $80.40 | -19.15% | Benchmark | Josh Sullivan | → $65 | Reiterates | Buy → Buy | Get Alert |
| 05/18/2023 | CRS | Buy Now | Carpenter Tech | $80.40 | -19.15% | Benchmark | Josh Sullivan | → $65 | Reiterates | Buy → Buy | Get Alert |
| 05/02/2023 | CRS | Buy Now | Carpenter Tech | $80.40 | -19.15% | Benchmark | Josh Sullivan | $60 → $65 | Maintains | Buy | Get Alert |
| 04/24/2023 | CRS | Buy Now | Carpenter Tech | $80.40 | -25.37% | TD Cowen | Gautam Khanna | $54 → $60 | Maintains | Outperform | Get Alert |
| 01/27/2023 | CRS | Buy Now | Carpenter Tech | $80.40 | -32.84% | Cowen & Co. | Gautam Khanna | $50 → $54 | Maintains | Outperform | Get Alert |
| 09/12/2022 | CRS | Buy Now | Carpenter Tech | $80.40 | -44.03% | Cowen & Co. | Gautam Khanna | → $45 | Upgrade | Market Perform → Outperform | Get Alert |
| 02/11/2022 | CRS | Buy Now | Carpenter Tech | $80.40 | -34.08% | JP Morgan | Michael Glick | $52 → $53 | Upgrade | Neutral → Overweight | Get Alert |
| 06/16/2021 | CRS | Buy Now | Carpenter Tech | $80.40 | -39.05% | JP Morgan | Michael Glick | — | Initiates | → Neutral | Get Alert |
FAQ
What is the target price for Carpenter Tech (CRS)?
The latest price target for Carpenter Tech (NYSE: CRS) was reported by Benchmark on September 13, 2023. The analyst firm set a price target for $100.00 expecting CRS to rise to within 12 months (a possible 24.38% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Carpenter Tech (CRS)?
The latest analyst rating for Carpenter Tech (NYSE: CRS) was provided by Benchmark, and Carpenter Tech maintained their buy rating.
When was the last upgrade for Carpenter Tech (CRS)?
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.
When was the last downgrade for Carpenter Tech (CRS)?
There is no last downgrade for Carpenter Tech.
When is the next analyst rating going to be posted or updated for Carpenter Tech (CRS)?
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 September 13, 2023 so you should expect the next rating to be made available sometime around September 13, 2024.
Is the Analyst Rating Carpenter Tech (CRS) correct?
While ratings are subjective and will change, the latest Carpenter Tech (CRS) rating was a maintained with a price target of $65.00 to $100.00. The current price Carpenter Tech (CRS) is trading at is $80.40, which is within the analyst’s predicted range.
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