Barrington Keeps a Buy Rating on Kadant Inc (KAI)


In a report released today, Christopher Howe from Barrington maintained a Buy rating on Kadant Inc (KAI), with a price target of $110. The company’s shares opened today at $87.52.

According to TipRanks.com, Howe is ranked #4619 out of 5231 analysts.

Kadant Inc has an analyst consensus of Moderate Buy, with a price target consensus of $110.

See today’s analyst top recommended stocks >>

Based on Kadant Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $18.42 million. In comparison, last year the company had a net profit of $760K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Kadant, Inc. engages in designing and manufacturing products used in industries ranging from paper to plastics and textiles to tires. It operates through two segments: Papermaking Systems and Wood Processing Systems Business.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts