Carpenter Technology Corporatio found using ticker (CRS) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 50 and 40 with a mean TP of 45. Now with the previous closing price of 38.99 this would imply there is a potential upside of 15.4%. The 50 day moving average now sits at 39.17 and the 200 moving average now moves to 35.81. The company has a market capitalisation of $1,917m. Company Website: https://www.carpentertechnology.com
The potential market cap would be $2,213m 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.