A statement released earlier today by Zacks Investment Research about CNH Industrial NV (NASDAQ:CNHI) bumps the target price to $8.50
- Updated: October 13, 2016
Zacks Investment Research upped the target price of CNH Industrial NV (NASDAQ:CNHI) to $8.50 reporting a possible upside of 0.15%.
Just yesterday CNH Industrial NV (NASDAQ:CNHI) traded -1.99% lower at $7.39. CNH Industrial NV’s 50-day moving average is $7.28 and its 200-day moving average is $7.12. The last closing price is up 3.83% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 839,105 shares of CNHI traded hands, down from an average trading volume of 1,163,160
Recent Performance Chart
CNH Industrial NV has 52 week low of $5.67 and a 52 week high of $7.91 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 11 brokers have issued a research note on the company. The average stock price target is $6.37 with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 7 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.
Brief Synopsis On CNH Industrial NV (NASDAQ:CNHI)
CNH Industrial N.V. is a capital goods company. The Company is engaged in the design, production, marketing, sale and financing of agricultural and construction equipment, trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense and other uses, as well as engines, transmissions and axles for vehicles and engines under marine and power generation applications. It operates through five segments: Agricultural Equipment, which designs, manufactures and distributes farm machinery and implements; Construction Equipment, which designs, manufactures and distributes construction equipment; Commercial Vehicles, which designs, produces and sells a range of light, medium and heavy vehicles for the transportation and distribution of goods; Powertrain, which designs, manufactures and offers a range of propulsion and transmission systems, and axles for on- and off-road applications, and Financial Services that offers a range of financial services to dealers and customers.
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