S&P 500   4,975.51
DOW   38,563.80
QQQ   427.32
Capital One's bid for Discover carries expectation that Americans won't slow credit card use
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Walmart’s uptrend is intact; buy it when it dips
Americans' reliance on credit cards is the key to Capital One's bid for Discover
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear
How major US stock indexes fared Tuesday, 2/20/2024
The Strategic Gold Play You Haven't Heard About (Ad)
American Airlines is raising bag fees and changing how customers earn frequent-flyer points
Noah Garden promoted by Major League Baseball to deputy commissioner of business and media
S&P 500   4,975.51
DOW   38,563.80
QQQ   427.32
Capital One's bid for Discover carries expectation that Americans won't slow credit card use
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Walmart’s uptrend is intact; buy it when it dips
Americans' reliance on credit cards is the key to Capital One's bid for Discover
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear
How major US stock indexes fared Tuesday, 2/20/2024
The Strategic Gold Play You Haven't Heard About (Ad)
American Airlines is raising bag fees and changing how customers earn frequent-flyer points
Noah Garden promoted by Major League Baseball to deputy commissioner of business and media
S&P 500   4,975.51
DOW   38,563.80
QQQ   427.32
Capital One's bid for Discover carries expectation that Americans won't slow credit card use
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Walmart’s uptrend is intact; buy it when it dips
Americans' reliance on credit cards is the key to Capital One's bid for Discover
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear
How major US stock indexes fared Tuesday, 2/20/2024
The Strategic Gold Play You Haven't Heard About (Ad)
American Airlines is raising bag fees and changing how customers earn frequent-flyer points
Noah Garden promoted by Major League Baseball to deputy commissioner of business and media
S&P 500   4,975.51
DOW   38,563.80
QQQ   427.32
Capital One's bid for Discover carries expectation that Americans won't slow credit card use
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Walmart’s uptrend is intact; buy it when it dips
Americans' reliance on credit cards is the key to Capital One's bid for Discover
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear
How major US stock indexes fared Tuesday, 2/20/2024
The Strategic Gold Play You Haven't Heard About (Ad)
American Airlines is raising bag fees and changing how customers earn frequent-flyer points
Noah Garden promoted by Major League Baseball to deputy commissioner of business and media

Kennametal (KMT) Stock Forecast & Price Target

$24.08
-0.45 (-1.83%)
(As of 02/20/2024 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

$24.75
2.78% Upside
High Forecast$27.50
Average Forecast$24.75
Low Forecast$23.00
TypeCurrent Forecast
2/21/23 to 2/21/24
1 Month Ago
1/22/23 to 1/22/24
3 Months Ago
11/23/22 to 11/23/23
1 Year Ago
2/21/22 to 2/21/23
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)
3 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$24.75$25.64$25.93$26.71
Predicted Upside2.78% Upside2.60% Upside2.99% Upside0.27% Upside
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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.
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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.
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Kennametal Stock vs. The Competition

TypeKennametalIndustrial Products CompaniesS&P 500
Consensus Rating Score
1.50
2.58
2.48
Consensus RatingReduceModerate BuyHold
Predicted Upside2.78% Upside135.84% Upside9.56% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/8/2024JPMorgan Chase & Co.
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 Lower TargetUnderweight ➝ Underweight$26.00 ➝ $24.00+0.88%
2/8/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$26.00 ➝ $25.00+4.38%
1/8/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageEqual Weight$24.00-3.23%
11/2/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetSell ➝ Sell$26.00 ➝ $23.00-1.50%
10/11/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$28.00 ➝ $25.00+1.50%
5/15/2023BMO 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 Wednesday at 07:59 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 $24.75 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 2.23% based on their 12-month stock forecasts.

What analysts cover Kennametal?

Kennametal has been rated by Barclays, JPMorgan Chase & Co., and Morgan Stanley in the past 90 days.


Stock Ratings Reports and Tools

This page (NYSE:KMT) was last updated on 2/21/2024 by MarketBeat.com Staff