Karman Holdings Inc. (NYSE:KRMN) Receives Consensus Rating of "Buy" from Brokerages

Shares of Karman Holdings Inc. (NYSE:KRMN - Get Free Report) have been assigned an average recommendation of "Buy" from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $39.50.

Several brokerages recently commented on KRMN. William Blair assumed coverage on shares of Karman in a report on Monday, March 10th. They set an "outperform" rating on the stock. Citigroup started coverage on shares of Karman in a report on Monday, March 10th. They issued a "buy" rating and a $42.00 price target for the company. Robert W. Baird started coverage on shares of Karman in a research note on Monday, March 10th. They set an "outperform" rating and a $40.00 price objective on the stock. Baird R W upgraded Karman to a "strong-buy" rating in a report on Monday, March 10th. Finally, Royal Bank of Canada lifted their price target on Karman from $35.00 to $38.00 and gave the company an "outperform" rating in a report on Thursday.

Karman Stock Down 15.1 %

NYSE:KRMN opened at $27.89 on Friday. Karman has a 1 year low of $27.13 and a 1 year high of $38.58.

Karman Company Profile

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Remove Ads