Caterpillar Inc. (NYSE:CAT) target price raised to $85.19, reported today by Vetr Inc.
- Updated: September 15, 2016
Boasting a price of $80.29, Caterpillar Inc. (NYSE:CAT) traded 1.25% higher on the day. The last close is up 6.41% from the two hundred day moving average, compared with the S&P 500 which has fallen -0.01% over the date range. The company has registered a 50-day average of $82.71 and two hundred day average of $77.09. Trade volume was was down over the average, with 3,517,762 shares of CAT changing hands under the typical 4,300,410 shares.
Indicating a possible upside of 0.06%, Vetr Inc. bumped the price target of Caterpillar Inc. (NYSE:CAT) to $85
On 9/12/2016, Deutsche Bank AG released a statement for Caterpillar Inc.(NYSE:CAT) raised the target price from $0.00 to $82.08. At the time, this indicated a possible upside of 0.02%.
A total of 18 brokers have released a ratings update on the stock. Zero rate the stock a strong buy, one analyst rate the company a buy, 16 firms rate the company a hold, five brokerages rate the company to underperform, and finally 0 brokeragesrate the stock as sell with a consensus target stock price of $67.56
Caterpillar Inc. has a 52 week low of $56.36 and a one-year high of $84.73 with a PE ratio of 55 and has a total market value of $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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