Analyst Price Target is $41.71
▲ +18.71% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Kennametal in the last 3 months. The average price target is $41.71, with a high forecast of $49.00 and a low forecast of $35.00. The average price target represents a 18.71% upside from the last price of $35.14.
Current Consensus is
The current consensus among 7 investment analysts is to hold stock in Kennametal. This Hold consensus rating has held steady for over two years.
Kennametal, Inc. engages in the development and application of tungsten carbides, ceramics, and solutions used in metal cutting and extreme wear applications. It operates through the following segments: Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy and transportation. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders, primarily for the energy, earthworks and general engineering end markets. The company was founded by Philip M. McKenna in 1938 and is headquartered in Pittsburgh, PA.