Published On: Wed, Oct 19th, 2016

Current Price Targets For Kennametal Inc. (NYSE:KMT)


Recently stock market analysts have updated their consensus ratings on shares of Kennametal Inc. (NYSE:KMT).

Most recent broker ratings

08/18/2016 – Kennametal Inc. was downgraded to “neutral” by analysts at Seaport Global Securities. They now have a USD 28 price target on the stock.

08/03/2016 – Kennametal Inc. had its “outperform” rating reiterated by analysts at Barrington Research. They now have a USD 31 price target on the stock.

07/15/2016 – Kennametal Inc. had its “buy” rating reiterated by analysts at Jefferies. They now have a USD 30 price target on the stock.

07/07/2016 – Kennametal Inc. was downgraded to “underperform” by analysts at Bank of America Merrill Lynch.

05/04/2016 – Kennametal Inc. was downgraded to “hold” by analysts at Stifel Nicolaus.

03/18/2016 – Kennametal Inc. was downgraded to “underperform” by analysts at Longbow Research. They now have a USD 16 price target on the stock.

12/14/2015 – Kennametal Inc. had its “neutral” rating reiterated by analysts at Credit Suisse. They now have a USD 28 price target on the stock.

12/11/2015 – Kennametal Inc. had its “neutral” rating reiterated by analysts at JP Morgan. They now have a USD 28 price target on the stock.

11/26/2015 – Kennametal Inc. was downgraded to “hold” by analysts at BB&T Capital Markets.

10/28/2015 – Kennametal Inc. was downgraded to “sell” by analysts at UBS. They now have a USD 23 price target on the stock.

05/06/2015 – Kennametal Inc. was upgraded to “neutral” by analysts at Goldman Sachs. They now have a USD 37 price target on the stock.

03/27/2015 – Kennametal Inc. had its “strong sell” rating reiterated by analysts at Zacks. They now have a USD 31 price target on the stock.

01/07/2015 – Kennametal Inc. was downgraded to “hold” by analysts at KeyBanc.

12/02/2014 – Kennametal Inc. was downgraded to “accumulate” by analysts at Global Hunter Securities.

10/13/2014 – Kennametal Inc. was downgraded to “market perform” by analysts at Wells Fargo.

Kennametal Inc. has a 50 day moving average of 28.19 and a 200 day moving average of 25.36. The stock’s market capitalization is 2.24B, it has a 52-week low of 15.11 and a 52-week high of 29.87.

The share price of the company (NYSE:KMT) was down -0.88% during the last trading session, with a high of 28.92 and the volume of Kennametal Inc. shares traded was 651082.

Kennametal Inc. is a supplier of tooling, engineered components and materials consumed in production processes. The Company operates through two segments: Industrial and Infrastructure. The Industrial segment generally serves customers that operate in industrial end markets, such as transportation, general engineering, aerospace and defense. The Infrastructure segment generally serves customers that operate in the earthworks and energy sectors supporting primary industries, such as oil and gas, power generation, underground, surface and hard-rock mining, highway construction and road maintenance. It provides wear-resistant products, application engineering and services backed by material science serving customers across various sectors. The Company’s product offerings include a selection of standard and customized technologies for metalworking, such as metal cutting tools, tooling systems and services, as well as materials, such as cemented tungsten carbide products and super alloys.