Karat Packaging Inc. (KRT) Social Stream
KARAT PACKAGING INC (KRT) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering KRT.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-03-20 | 3 | $29 | $29 | $29 | $23.74 | 22.16% |
| 2022-03-24 | 3 | $31 | $29 | $30 | $23.74 | 26.37% |
| 2022-05-18 | 3 | $33 | $29 | $31 | $23.74 | 30.58% |
| 2022-08-11 | 3 | $33 | $24 | $28.5 | $23.74 | 20.05% |
| 2022-11-11 | 3 | $25 | $24 | $24.5 | $23.74 | 3.2% |
| 2023-08-09 | 4 | $25 | $22 | $23.666 | $23.74 | -0.31% |
| 2023-08-11 | 4 | $26 | $24 | $25.333 | $23.74 | 6.71% |
| 2023-11-09 | 4 | $30 | $26 | $27.333 | $23.74 | 15.13% |
| 2023-11-10 | 4 | $30 | $24 | $26.666 | $23.74 | 12.33% |
The Trend in the Analyst Price Target
KRT's average price target has moved down $2.33 over the prior 23 months.
KRT reports an average of 35.34% for its upside potential over the past 38 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-16 | 4 | 25 | 22 | 23.666 | 14.55 | 62.65% |
| 2023-03-17 | 4 | 25 | 22 | 23.666 | 13.95 | 69.65% |
| 2023-05-10 | 4 | 25 | 22 | 23.666 | 14.71 | 60.88% |
| 2023-08-11 | 4 | 26 | 24 | 25.333 | 23.24 | 9.01% |
| 2023-09-06 | 4 | 30 | 26 | 27.333 | 25.46 | 7.36% |
KRT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 4 | 0 | 0 | 0 | 0 | 4 |
The Trend in the Broker Recommendations
Over the past 29 months, KRT's average broker recommendation rating improved by 0.5.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for KRT as an investment opportunity.
- KRT has a lower variance in analysts' estimates than -1.81% of all US stocks.
- KARAT PACKAGING INC's number of analysts covering the stock is higher than 103.7% of all US stocks.
- To contextualize these metrics, consider that out of Rubber and Plastic Products stocks, KARAT PACKAGING INC's average analyst price target is greater than 220.62% of them.
- In terms of how KARAT PACKAGING INC fares relative to stocks in the small market cap category, note that its upside potential (average analyst target price relative to current price) is greater than 221.95% of that group.
Stocks similar to KARAT PACKAGING INC in the Rubber and Plastic Products industry regarding analyst recommendations and price targets are LWLG, CMT, and DSWL.
View All Top Stocks by Price Target
Is KRT a Buy, Hold or Sell? See the POWR Ratings now!