Kennametal (KMT) Stock Forecast & Price Target

→ “Forget Tesla, this is Elon’s Next Big Thing” (From InvestorPlace) (Ad)

$23.86

+0.36 (+1.53%)

(As of 04/15/2024 ET)

Kennametal Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Reduce
Based on 4 Analyst Ratings

Analysts' Consensus Price Target

$24.58
3.03% Upside

High Forecast	$27.50
Average Forecast	$24.58
Low Forecast	$23.00

Type	Current Forecast 4/17/23 to 4/16/24	1 Month Ago 3/18/23 to 3/17/24	3 Months Ago 1/17/23 to 1/17/24	1 Year Ago 4/17/22 to 4/17/23
Consensus Rating	Reduce	Reduce	Reduce	Reduce
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$24.58	$24.75	$25.64	$26.71
Predicted Upside	3.03% Upside	2.23% Upside	2.60% Upside	0.27% Upside

Get Kennametal Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for KMT and its competitors with MarketBeat's FREE daily newsletter.

Ad Paradigm Press

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

I put together this personal video [HERE]…

KMT Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

KMT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Kennametal Stock vs. The Competition

Type	Kennametal	Industrial Products Companies	S&P 500
Consensus Rating Score	1.50	2.55	2.48
Consensus Rating	Reduce	Moderate Buy	Hold
Predicted Upside	3.03% Upside	114.75% Upside	11.23% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
4/2/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$25.00 ➝ $24.00	+0.17%
2/8/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underweight ➝ Underweight	$26.00 ➝ $24.00	+0.88%
1/8/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Equal Weight	$24.00	-3.23%
11/2/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sell ➝ Sell	$26.00 ➝ $23.00	-1.50%
10/11/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$28.00 ➝ $25.00	+1.50%
5/15/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$25.00 ➝ $27.50	+7.09%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:52 AM ET.

KMT Price Target - Frequently Asked Questions

What is Kennametal's consensus rating and price target?: According to the issued ratings of 4 analysts in the last year, the consensus rating for Kennametal stock is Reduce based on the current 2 sell ratings and 2 hold ratings for KMT. The average twelve-month price prediction for Kennametal is $24.58 with a high price target of $27.50 and a low price target of $23.00. Learn more on KMT's analyst rating history.
Do Wall Street analysts like Kennametal more than its competitors?: Analysts like Kennametal less than other Industrial Products companies. The consensus rating for Kennametal is Reduce while the average consensus rating for industrial products companies is Moderate Buy. Learn more on how KMT compares to other companies.
Does Kennametal's stock price have much upside?: According to analysts, Kennametal's stock has a predicted upside of 1.54% based on their 12-month stock forecasts.

What analysts cover Kennametal?: Kennametal has been rated by Barclays, and JPMorgan Chase & Co. in the past 90 days.

Stock Ratings Reports and Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

This page (NYSE:KMT) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Kennametal (KMT) Stock Forecast & Price Target

Kennametal Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

KMT Analyst Ratings By Month

KMT Price Targets by Month

Kennametal Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

KMT Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info