Karman Holdings Inc. (NYSE:KRMN) Receives Average Recommendation of “Buy” from Brokerages

Shares of Karman Holdings Inc. (NYSE:KRMN) have been assigned an average rating of “Buy” from the six research firms that are presently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $38.75.

Several research firms recently weighed in on KRMN. Robert W. Baird began coverage on shares of Karman in a research note on Monday, March 10th. They set an “outperform” rating and a $40.00 target price for the company. Citigroup began coverage on shares of Karman in a research note on Monday, March 10th. They set a “buy” rating and a $42.00 target price for the company. Evercore ISI began coverage on shares of Karman in a research note on Monday, March 10th. They issued an “outperform” rating and a $38.00 price objective for the company. William Blair began coverage on shares of Karman in a research note on Monday, March 10th. They issued an “outperform” rating for the company. Finally, Royal Bank of Canada began coverage on shares of Karman in a research note on Monday, March 10th. They issued an “outperform” rating and a $35.00 price objective for the company.

Karman Trading Up 7.5 %

KRMN opened at $33.04 on Tuesday. Karman has a fifty-two week low of $27.13 and a fifty-two week high of $34.20.

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.