Analyst Activity – Longbow Research Raises Its Price Target On Carpenter Technology Corporation (NYSE:CRS) to $50.00

ME Staff
-
0

Analyst Ratings For Carpenter Technology Corporation (NYSE:CRS)

Today, Longbow Research raised its price target on Carpenter Technology Corporation (NYSE:CRS) to $50.00 per share.

There are 2 hold ratings, 3 buy ratings on the stock.

The current consensus rating on Carpenter Technology Corporation (NYSE:CRS) is Buy (Score: 2.60) with a consensus target price of $43.40 per share, a potential 6.84% upside.

Some recent analyst ratings include

  • 7/17/2017-Cowen and Company Reiterated Rating of Hold.
  • 3/16/2017-Seaport Global Securities Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 1/12/2017-Rosenblatt Securities Reiterated Rating of Buy.
  • 12/19/2016-Deutsche Bank AG initiated coverage with a Hold rating.
  • 5/16/2016-Sterne Agee CRT Reiterated Rating of Neutral.
  • 10/19/2015-J P Morgan Chase & Co was Downgraded by analysts at J P Morgan Chase & Co from a “Overweight ” rating to a ” Neutral” rating. They now have a $36.00 price target on the stock, up previously from $47.00 .

Dividend information for Carpenter Technology Corporation (NYSE:CRS)

Carpenter Technology Corporation (NYSE:CRS) pays an annual dividend of Community Ranking: with a yield of 1.77% and an average dividend growth of 0.00% based on a 3 Year Average.

Dividend History for Carpenter Technology Corporation (NYSE:CRS)

  • On 4/20/2017 Carpenter Technology Corporation announced a quarterly dividend of $0.18 1.97% with an ex dividend date of 4/28/2017 which will be payable on 6/1/2017.
  • On 1/25/2017 Carpenter Technology Corporation announced a quarterly dividend of $0.18 1.78% with an ex dividend date of 2/3/2017 which will be payable on 3/2/2017.
  • On 10/12/2016 Carpenter Technology Corporation announced a quarterly dividend of $0.18 1.88% with an ex dividend date of 10/21/2016 which will be payable on 12/1/2016.
  • On 8/10/2016 Carpenter Technology Corporation announced a quarterly dividend of $0.18 1.92% with an ex dividend date of 8/19/2016 which will be payable on 9/1/2016.
  • On 4/20/2016 Carpenter Technology Corporation announced a quarterly dividend of $0.18 1.96% with an ex dividend date of 4/29/2016 which will be payable on 6/2/2016.
  • On 1/27/2016 Carpenter Technology Corporation announced a quarterly dividend of $0.18 2.79% with an ex dividend date of 2/5/2016 which will be payable on 3/3/2016.
  • On 10/14/2015 Carpenter Technology Corporation announced a quarterly dividend of $0.18 2% with an ex dividend date of 10/23/2015 which will be payable on 12/3/2015.

Recent Insider Trading Activity For Carpenter Technology Corporation (NYSE:CRS)
Carpenter Technology Corporation (NYSE:CRS) has insider ownership of 3.60% and institutional ownership of 94.99%.

  • On 6/6/2017 Jatinder Singh Bal, Director, sold 50,000 with an average share price of $0.07 per share and the total transaction amounting to $3,500.00.
  • On 6/2/2017 Jatinder Singh Bal, Director, bought 6,000 with an average share price of $0.07 per share and the total transaction amounting to $420.00.
  • On 6/1/2017 Greg Campbell, Insider, bought 50,000 with an average share price of $0.07 per share and the total transaction amounting to $3,500.00.
  • On 5/26/2017 Greg Campbell, Insider, bought 72,000 with an average share price of $0.07 per share and the total transaction amounting to $5,040.00.
  • On 5/25/2017 Greg Campbell, Insider, bought 18,000 with an average share price of $0.07 per share and the total transaction amounting to $1,260.00.
  • On 5/24/2017 Greg Campbell, Insider, bought 7,000 with an average share price of $0.07 per share and the total transaction amounting to $490.00.
  • On 5/24/2017 Jatinder Singh Bal, Director, bought 50,000 with an average share price of $0.07 per share and the total transaction amounting to $3,500.00.

Recent Trading Activity for Carpenter Technology Corporation (NYSE:CRS)
Shares of Carpenter Technology Corporation closed the previous trading session at 40.62 up +0.49 1.22% with 743,716 shares trading hands.