Carpenter Technology Corporatio which can be found using ticker (CRS) now have 2 confirmed 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 60 and 54 suggesting an average Analsyt target price of $57.00. Given that the stocks previous close was at $40.35 and the analysts are correct then there would likely be a percentage uptick in value of 41.3%. The 50 day MA is $46.76 while the 200 day moving average is $37.95. The total market capitalization for the company now stands at $1,991m. You can visit the company’s website by visiting: https://www.carpentertechnology.com
The potential market cap would be $2,813m based on the market consensus.
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.
The company has a dividend yield of 1.98% with the ex dividend date set at 30-1-2023 (DMY).
