Carpenter Technology Corporatio – Consensus Indicates Potential 2.9% Upside

Broker Ratings
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Carpenter Technology Corporatio found using ticker (CRS) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 50 and 40 with a mean TP of 45. Given that the stocks previous close was at 43.75 this now indicates there is a potential upside of 2.9%. There is a 50 day moving average of 39.69 and the 200 moving average now moves to 35.84. The company has a market capitalisation of $2,161m. You can visit the company’s website by visiting: https://www.carpentertechnology.com

The potential market cap would be $2,222m 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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