Analysts Set Karman Holdings Inc. (NYSE:KRMN) Target Price at $38.75

Karman Holdings Inc. (NYSE:KRMN) has earned a consensus rating of “Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $38.75.

A number of research firms have recently commented on KRMN. Citigroup began coverage on Karman in a research note on Monday, March 10th. They issued a “buy” rating and a $42.00 target price for the company. William Blair began coverage on Karman in a report on Monday, March 10th. They set an “outperform” rating on the stock. Robert W. Baird began coverage on Karman in a research report on Monday, March 10th. They set an “outperform” rating and a $40.00 price objective for the company. Baird R W upgraded Karman to a “strong-buy” rating in a research report on Monday, March 10th. Finally, Royal Bank of Canada assumed coverage on Karman in a research report on Monday, March 10th. They issued an “outperform” rating and a $35.00 price target for the company.

Karman Stock Up 2.4 %

Shares of KRMN stock opened at $33.95 on Tuesday. Karman has a fifty-two week low of $27.13 and a fifty-two week high of $34.82.

About Karman

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.