Analyst Rating Update on Navistar International Corporation (NAV)

Navistar International Corporation (NYSE:NAV) : 4 brokerage houses believe that Navistar International Corporation (NYSE:NAV) is a Strong Buy at current levels. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Navistar International Corporation (NYSE:NAV). Zacks Investment Research suggests a Hold with a rank of 3. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 14 Wall Street Analysts endorse the stock as a Hold with a rating of 2.71.

Navistar International Corporation (NYSE:NAV) : Average target price received by Navistar International Corporation (NYSE:NAV) is $14.9 with an expected standard deviation of $7.17. The most aggressive target on the stock is $32, whereas the most downbeat target is $8. 10 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week Also, Major Brokerage house, Stifel Nicolaus downgrades its ratings on Navistar International Corporation (NYSE:NAV). According to the latest information available, the shares are now rated Sell by the analysts at the agency. Previously, the analysts had a Hold rating on the shares. The rating by the firm was issued on June 14, 2016.

Navistar International Corporation (NYSE:NAV): On Tuesdays trading session , Opening price of the stock was $10.93 with an intraday high of $11.06. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $10.41. However, the stock managed to close at $10.83, a loss of 0.37% for the day. On the previous day, the stock had closed at $10.87. The total traded volume of the day was 1,804,096 shares.

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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