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, 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.

See today’s analyst top recommended stocks >>

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.

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.