This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
Bank of America Securities Sticks to Its Sell Rating for Kennametal (KMT)
Bank of America Securities analyst maintained a Sell rating on Kennametal today and set a price target of $24.00.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Kennametal with a $29.00 average price target.
Based on Kennametal’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $497.97 million and a net profit of $23.3 million. In comparison, last year the company earned a revenue of $481.95 million and had a net profit of $22.12 million
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
