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

Royal Bank of Canada assumed coverage on shares of Karman (NYSE:KRMN) in a research report released on Monday morning, Marketbeat reports. The brokerage issued an outperform rating and a $35.00 target price on the stock.

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

Karman Stock Performance

Shares of KRMN stock opened at $28.43 on Monday. Karman has a fifty-two week low of $27.13 and a fifty-two week 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.