Analyst Price Target is $61.50
▲ +25.95% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Knife River in the last 3 months. The average price target is $61.50, with a high forecast of $65.00 and a low forecast of $58.00. The average price target represents a 25.95% upside from the last price of $48.83.
Current Consensus is
The current consensus among 2 contributing investment analysts is to buy stock in Knife River. This Buy consensus rating has held steady for over two years.
Knife River Corporation provides aggregates-based construction materials and contracting services in the United States. It operates through six segments: Pacific, Northwest, Mountain, North Central, South, and Energy Services. It mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete, as well as provides contracting services to support the aggregate-based product lines, including heavy-civil construction, asphalt and concrete paving, and site development and grading. It serves various projects related to highways, airports, and other public infrastructure. The company was founded in 1917 and is based in Bismarck, North Dakota.