Carpenter Technology Corporatio – Consensus Indicates Potential 14.4% Upside

Broker Ratings
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Carpenter Technology Corporatio with ticker code (CRS) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 50 and 40 calculating the average target price we see 45. Given that the stocks previous close was at 39.32 this would imply there is a potential upside of 14.4%. The day 50 moving average is 38.13 and the 200 day MA is 35.77. The market capitalisation for the company is $1,947m. You can visit the company’s website by visiting: https://www.carpentertechnology.com

The potential market cap would be $2,228m based on the market concensus.

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.

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