CNH Industrial N.V. (NYSE:CNHI) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3.33 by 6 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Bank of America, upgrades their rating on the shares of CNH Industrial N.V. (NYSE:CNHI). Bank of America has a Buy rating on the shares. Previously, the analysts had a Neutral rating on the shares. As per the latest research report, the brokerage house raises the price target to $8 per share from a prior target of $7. The rating by the firm was issued on April 18, 2016.
CNH Industrial N.V. (NYSE:CNHI): 5 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $7.6 in CNH Industrial N.V. (NYSE:CNHI). However, the stock price could fluctuate by $ 1.14 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $9 price target with the lower price estimate is calculated at $6
CNH Industrial N.V. (NYSE:CNHI) witnessed a decline in the market cap on Tuesday as its shares dropped 0.27% or 0.02 points. After the session commenced at $7.51, the stock reached the higher end at $7.54 while it hit a low of $7.4. With the volume soaring to 1,828,922 shares, the last trade was called at $7.46. The company has a 52-week high of $9.72. The company has a market cap of $10,161 million and there are 1,362,070,100 shares in outstanding. The 52-week low of the share price is $5.67.
Shares of CNH Industrial N.V. rose by 5.37% in the last five trading days and 11.84% for the last 4 weeks. CNH Industrial N.V. is up 9.34% in the last 3-month period. Year-to-Date the stock performance stands at 11.26%.
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.