Carpenter Technology Corporatio with ticker code (CRS) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 60 and 54 with a mean TP of 57. With the stocks previous close at 45.11 this would imply there is a potential upside of 26.4%. The 50 day moving average now sits at 46.28 and the 200 day moving average is 37.79. The market capitalisation for the company is $2,164m. Company Website: https://www.carpentertechnology.com
The potential market cap would be $2,734m 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.