Karman Holdings Inc. (NYSE:KRMN) Receives Consensus Rating of “Buy” from Analysts

Shares of Karman Holdings Inc. (NYSE:KRMN) have been given a consensus recommendation of “Buy” by the six research firms that are presently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $39.50.

A number of brokerages have commented on KRMN. Robert W. Baird assumed coverage on Karman in a research report on Monday, March 10th. They issued an “outperform” rating and a $40.00 price target for the company. William Blair initiated coverage on shares of Karman in a research note on Monday, March 10th. They set an “outperform” rating on the stock. Citigroup began coverage on shares of Karman in a research report on Monday, March 10th. They issued a “buy” rating and a $42.00 price target for the company. Baird R W upgraded shares of Karman to a “strong-buy” rating in a research note on Monday, March 10th. Finally, Royal Bank of Canada increased their price target on Karman from $35.00 to $38.00 and gave the stock an “outperform” rating in a research note on Thursday, April 3rd.

Karman Stock Up 10.0 %

Shares of Karman stock opened at $30.58 on Friday. Karman has a 1 year low of $25.02 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.