Karman Holdings Inc. (NYSE:KRMN) Given Consensus Rating of “Buy” by Brokerages

Karman Holdings Inc. (NYSE:KRMN) has received an average rating of “Buy” from the six research firms that are 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 objective among brokers that have updated their coverage on the stock in the last year is $38.75.

A number of research firms recently weighed in on KRMN. Robert W. Baird started coverage on shares of Karman in a research report on Monday. They set an “outperform” rating and a $40.00 price target on the stock. Citigroup assumed coverage on Karman in a report on Monday. They issued a “buy” rating and a $42.00 target price for the company. Royal Bank of Canada started coverage on Karman in a report on Monday. They set an “outperform” rating and a $35.00 price target on the stock. William Blair started coverage on Karman in a research report on Monday. They set an “outperform” rating for the company. Finally, Baird R W raised shares of Karman to a “strong-buy” rating in a report on Monday.

Karman Stock Performance

Shares of NYSE:KRMN opened at $28.43 on Tuesday. Karman has a 1-year low of $27.13 and a 1-year high of $34.20.

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.