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Cummins (NYSE:CMI) has been downgraded from Buy to Neutral in a statement by Longbow Research earlier today.

Longbow Research has downgraded Cummins (NYSE:CMI) from Buy to Neutral in a statement released on 10/12/2017.

On 09/05/2017, Buckingham Research released a statement about Cummins (NYSE:CMI) upped the target price from $0.00 to $180.00 that suggested an upside of 0.13%.

Having a price of $172.33, Cummins (NYSE:CMI) traded -0.24% lower on the day. With the last stock price up 8.13% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. CMI has recorded a 50-day average of $164.61 and a two hundred day average of $158.99. Trade Volume was down over the average, with 115,707 shares of CMI changing hands under the typical 1,242,010

Recent Performance Chart

Cummins (NYSE:CMI)

Cummins has PE ratio of 19.43 with a one year low of $121.22 and a one year high of $173.15 and has a market capitalization of $0.

A total of 19 brokerages have issued a ratings update on Cummins. One brokerage rating the company a strong buy, three brokerages rating the company a buy, nineteen brokerages rating the company a hold, two brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $110.16.

General Company Details For Cummins (NYSE:CMI)

Cummins Inc. designs, manufactures, distributes and services diesel and natural gas engines and engine-related component products. The Company's segments include Engine, Distribution, Components and Power Systems. The Engine segment manufactures and markets a range of diesel and natural gas powered engines under the Cummins brand name, as well as certain customer brand names, for the heavy and medium-duty truck, bus, recreational vehicle (RV), light-duty automotive and agricultural markets. The Distribution segment consists of the product lines, which service and/or distribute a range of products and services, including parts, engines, power generation and service. The Components segment supplies products, including aftertreatment systems, turbochargers, filtration products and fuel systems for commercial diesel applications. The Power Systems segment consists of businesses, including Power generation, Industrial and Generator technologies.

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