Analyst Price Target Update on Navistar International Corporation (NYSE:NAV)

Navistar International Corporation (NYSE:NAV): 10 analysts have set the short term price target of Navistar International Corporation (NYSE:NAV) at $15. The standard deviation of short term price target has been estimated at $7.1, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 32 and $8 respectively.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Susquehanna maintains the rating on Navistar International Corporation (NYSE:NAV). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $9 per share to $11 per share. The rating by the firm was issued on March 9, 2016. Company shares have received an average consensus rating of Hold for the current week

Navistar International Corporation (NYSE:NAV) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.08 points or 0.6% at $13.15 with 853,978 shares getting traded. Post opening the session at $13.08, the shares hit an intraday low of $13.02 and an intraday high of $13.78 and the price was in this range throughout the day. The company has a market cap of $1,073 million and the number of outstanding shares have been calculated to be 81,601,786 shares. The 52-week high of Navistar International Corporation (NYSE:NAV) is $25.12 and the 52-week low is $5.775.

Navistar International Corporation (NIC) is a holding company, whose principal operating subsidiaries are Navistar, Inc. and Navistar Financial Corporation (NFC). The Company is a manufacturer of International brand commercial and military trucks, MaxxForce brand diesel engines, IC Bus (IC) brand school and commercial buses, as well as a provider of service parts for trucks and diesel engines. It also provides retail, wholesale, and lease financing of trucks and parts. The Company operates in four reporting segments, which comprises: North America Truck, North America Parts, Global Operations (collectively referred to as Manufacturing operations), and Financial Services. Its principal products and services include Trucks, Parts, Engines and Financial Services.

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