On May 8, 2025, Citigroup analyst Kyle Menges released an update on Timken (TKR, Financial), maintaining a "Buy" rating on the stock. The latest analyst action reaffirmed Citigroup's confidence in Timken's market position and potential for growth.
Kyle Menges raised the price target for Timken (TKR, Financial) from USD 70.00 to USD 75.00, marking a 7.14% increase. This adjustment indicates a positive outlook for the company's future performance, highlighting expectations of enhanced value for investors.
The report underscores Timken's (TKR, Financial) sustained appeal in the investment community, supported by its continued strategic initiatives and operational effectiveness. As the market evolves, Citigroup's updated price target reflects an optimistic projection for Timken's trajectory in the industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for The Timken Co (TKR, Financial) is $76.94 with a high estimate of $102.00 and a low estimate of $65.00. The average target implies an upside of 11.69% from the current price of $68.89. More detailed estimate data can be found on the The Timken Co (TKR) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, The Timken Co's (TKR, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for The Timken Co (TKR, Financial) in one year is $78.49, suggesting a upside of 13.94% from the current price of $68.89. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the The Timken Co (TKR) Summary page.
