Carpenter Technology Corporatio with ticker code (CRS) now have 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 60 and 54 suggesting an average Analsyt target price of $57.00. Given that the stocks previous close was at $41.67 this is indicating there is a potential upside of 36.8%. There is a 50 day moving average of $46.48 and the 200 day MA is $38.63. The market capitalization for the company is $2,051m. Company Website: https://www.carpentertechnology.com
The potential market cap would be $2,806m based on the market consensus.
Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts. It serves aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.
The company has a dividend yield of 1.92% with the ex dividend date set at 30-1-2023 (DMY).
