Karman (NYSE:KRMN) Now Covered by Royal Bank of Canada

Analysts at Royal Bank of Canada began coverage on shares of Karman (NYSE:KRMN) in a research note issued to investors on Monday,Briefing.com Automated Import reports. The brokerage set an “outperform” rating and a $35.00 price target on the stock. Royal Bank of Canada’s price target suggests a potential upside of 21.23% from the stock’s current price.

KRMN has been the subject of a number of other research reports. Robert W. Baird initiated coverage on Karman in a report on Monday. 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. They set a “buy” rating and a $42.00 price objective for the company. Evercore ISI began coverage on shares of Karman in a report on Monday. They set an “outperform” rating and a $38.00 target price for the company. Finally, William Blair assumed coverage on shares of Karman in a report on Monday. They issued an “outperform” rating on the stock. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, Karman presently has an average rating of “Buy” and an average price target of $38.75.

Karman Stock Up 2.5 %

Shares of KRMN stock opened at $28.87 on Monday. Karman has a 1 year low of $27.76 and a 1 year 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.