Keybanc Analysts Upgraded Kennametal Inc. (NYSE: KMT) to Buy
Keybanc (NYSE: KEY) research analysts upgraded Kennametal Inc. (NYSE: KMT) from a hold rating to a buy rating in a research note issued to investors on Monday. They currently have a $48.00 price target on the company s stock.
Kennametal Inc. (NYSE: KMT) s stock opened at 40.44 on Thursday. Kennametal Inc. has a 52 week range of $23.45 to $41.53. The stock s 50-day moving average is $36.99 and its 200-day moving average is $31.16. Analysts predict on average that Kennametal Inc. will post $0.64 earnings per share next quarter. The company has a market cap of $3.320 billion and a P/E (price-to-earnings ratio) of 36.56.
If you need any more details of the above news and/or products, please visit Chinatungsten Online, or contact us directly.
Disclaimer: The article is only reflecting the opinions of the author. We have no responsibility to prove the originality and authenticity of the content, words and/or pictures. You readers should just take it as reference and check the details by yourselves. And the content is not a suggestion for investment decision. The investor takes his or her own risks if he or she operates accordingly. If you have any dissent about the contents above, please contact the relevant author, or the webmaster. We will try our best to assist the dealing of the related issues. Thanks for your visit and cooperation.
Related News
Photos
More>>
trade
market
- With new IVS products, A Great Success for Bellsent at 2010 Security China
- Shuman Produce focuses on food safety and traceability
- South Africa: New citrus pest found in Eastern Cape
- The National Consumer League calls for pallet safety standards
- US: Pesticide worries prompt safety scuffle for California strawberries