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 brokerages that are covering the company, Marketbeat 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 price objective among analysts that have covered the stock in the last year is $39.50.

Several brokerages have weighed in on KRMN. Baird R W raised Karman to a “strong-buy” rating in a research report on Monday, March 10th. 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 research report on Thursday. Robert W. Baird initiated coverage on Karman in a research report on Monday, March 10th. They issued an “outperform” rating and a $40.00 price objective on the stock. William Blair initiated coverage on shares of Karman in a report on Monday, March 10th. They set an “outperform” rating for the company. Finally, Evercore ISI assumed coverage on shares of Karman in a research report on Monday, March 10th. They set an “outperform” rating and a $38.00 price target on the stock.

Karman Stock Performance

KRMN stock opened at $27.89 on Friday. Karman has a 12 month low of $27.13 and a 12 month 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.