Barrington Sticks to Their Buy Rating for Kadant Inc (KAI)

Barrington analyst Christopher Howe reiterated a Buy rating on Kadant Inc (KAIResearch Report) today and set a price target of $107. The company’s shares closed last Monday at $83.97.

According to TipRanks.com, Howe is ranked #1117 out of 5231 analysts.

Currently, the analyst consensus on Kadant Inc is a Moderate Buy with an average price target of $110.

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Kadant Inc’s market cap is currently $945.5M and has a P/E ratio of 14.90. The company has a Price to Book ratio of 2.37.

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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.