Carpenter Technology Corporatio with ticker code (CRS) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 53 and 38 with the average target price sitting at 43.5. Given that the stocks previous close was at 38.03 this is indicating there is a potential upside of 14.4%. There is a 50 day moving average of 34.16 and the 200 day moving average is 34.25. The market capitalisation for the company is $1,906m. Company Website: https://www.carpentertechnology.com
The potential market cap would be $2,180m based on the market concensus.
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates through 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.