CNH Industrial N.V. (CNHI) : Analyst Rating Update

CNH Industrial N.V. (CNHI) : Zacks Investment Research ranks CNH Industrial N.V. (CNHI) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 3.33, which indicates as a Hold.

CNH Industrial N.V. (CNHI) : The highest short term price target forecast on CNH Industrial N.V. (CNHI) is $9 and the lowest target price is $6. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $7.6 with a standard deviation of $1.14.

CNH Industrial N.V. (NYSE:CNHI): The stock opened at $6.61 on Wednesday but the bulls could not build on the opening and the stock topped out at $6.67 for the day. The stock traded down to $6.47 during the day, due to lack of any buying support eventually closed down at $6.65 with a loss of -1.63% for the day. The stock had closed at $6.76 on the previous day. The total traded volume was 3,196,681 shares.

Also, Brokerage firm Bank of America upgrades its rating on CNH Industrial N.V. (NYSE:CNHI). As per the latest information, the brokerage house raises the price target to $8 per share from a prior target of $7. The shares have been rated Buy. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on April 18, 2016. The company shares have dropped -23.96% from its 1 Year high price. On Jul 10, 2015, the shares registered one year high at $9.72 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $7.18 and the 200 Day Moving Average price is recorded at $6.80.

CNH Industrial NV is a Netherlands-based company primarily engaged in the manufacture of heavy machinery and vehicles equipment. It divides its activities into four main businesses. The Agricultural Equipment offers agricultural equipment under the New Holland Agriculture, Case IH brands and the Steyr brand. The Construction Equipment produces excavators, bulldozers, backhoes, compactors and other construction equipment under the New Holland Construction and Case Construction Equipment brands. The Trucks & Commercial Vehicles manufactures trucks and a commercial vehicles, including buses, coaches and special vehicles under Iveco, Iveco Bus and Heuliez Bus brands, as well as it produces quarry and mining equipment through Iveco Astra, and fire fighting vehicles through the Iveco Magirus brand. The Powertrain offers transmission systems, engines for marine application and power generation through FPT Industrial brand.

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