A report released today by Vetr Inc. about Caterpillar Inc. (NYSE:CAT) ups the target price to $85.19
- Updated: September 16, 2016
Just yesterday Caterpillar Inc. (NYSE:CAT) traded 0.02% higher at $81.70. The company’s 50-day moving average is $82.62 and its two hundred day moving average is $77.22. The last stock price close is up 6.25% relative to the two hundred day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. Trade volume was was up over the average, with 6,715,374 shares of CAT changing hands over the typical 4,336,780 shares..
Vetr Inc. raised the target price of Caterpillar Inc. (NYSE:CAT) to $85, stating a possible upside of 0.04%,
On Tuesday September 13 2016, Vetr Inc. released a statement about Caterpillar Inc.(NYSE:CAT) bumped the target price from $0.00 to $85.19 that indicated a possible upside of 0.06%.
In addition to Vetr Inc. reporting it’s stock price target, a total of 18 equity analysts have released a research note on the stock. The one year target price is $67.56 with 0 rating the stock a strong buy, one analyst rating the stock a buy, 16 firms rating the stock a hold, five firms rating the stock to underperform, and finally 0 brokerages rating the company as sell.
Caterpillar Inc. has a price-earnings of 55 with a one-year low of $56.36 and a one-year high of $84.73. The company’s total market value is currently $0.0.
General Company Details For Caterpillar Inc. (NYSE:CAT)
Caterpillar Inc. is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company operates through its three product segments: Resource Industries, Construction Industries, and Energy & Transportation. It also provides financing and related services through its Financial Products segment. Its Construction Industries segment provides machinery for infrastructure and building construction applications. Its Resource Industries segment offers machinery for mine and quarry applications. Its Energy & Transportation segment offers reciprocating engines, generator sets, gas turbines and turbine-related services, and diesel-electric locomotives and other rail-related products and services. Its Financial Products segment conducts its business through Caterpillar Financial Services Corporation (Cat Financial). Cat Financial provides retail and wholesale financing alternatives for Caterpillar products.
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