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

Stock analysts at Royal Bank of Canada began coverage on shares of Karman (NYSE:KRMN) in a 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 target price would indicate a potential upside of 21.23% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. William Blair began coverage on shares of Karman in a research report on Monday. They set an “outperform” rating for the company. Evercore ISI started coverage on Karman in a research note on Monday. They issued an “outperform” rating and a $38.00 price target on the stock. Citigroup assumed coverage on shares of Karman in a research note on Monday. They set a “buy” rating and a $42.00 target price on the stock. Finally, Robert W. Baird began coverage on shares of Karman in a research report on Monday. They set an “outperform” rating and a $40.00 price target on the stock. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, Karman has an average rating of “Buy” and a consensus target price of $38.75.

Karman Price Performance

Karman stock opened at $28.87 on Monday. Karman has a 1 year low of $27.76 and a 1 year high of $34.20.

About Karman

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.