Karman (NYSE:KRMN) Research Coverage Started at Royal Bank of Canada

Royal Bank of Canada assumed coverage on shares of Karman (NYSE:KRMN) in a research note issued to investors on Monday morning, MarketBeat.com reports. The firm issued an outperform rating and a $35.00 price objective on the stock.

A number of other research firms have also issued reports on KRMN. Citigroup started coverage on Karman in a research note on Monday. They issued a “buy” rating and a $42.00 target price for the company. William Blair started coverage on Karman in a report on Monday. They issued an “outperform” rating for the company. Robert W. Baird started coverage on Karman in a report on Monday. They issued an “outperform” rating and a $40.00 price target for the company. Finally, Evercore ISI started coverage on Karman in a report on Monday. They issued an “outperform” rating and a $38.00 price target for the company. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $38.75.

Karman Price Performance

KRMN stock opened at $30.06 on Monday. Karman has a 1 year low of $27.13 and a 1 year high of $34.20.

Karman Company Profile

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.