Piper Jaffray upgraded CNH Industrial (NYSE:CNHI) from Underweight to Neutral in a report released today.
- Updated: November 28, 2016
Piper Jaffray has upgraded CNH Industrial (NYSE:CNHI) from Underweight to Neutral in a report released on Monday November 28, 2016.
Previously on 02/04/2016, Goldman Sachs reported about CNH Industrial (NYSE:CNHI) lowered the target price from $8.00 to $7.00. At the time, this indicated a possible upside of 0.12%.
Yesterday CNH Industrial (NYSE:CNHI) traded -0.35% lower at $8.56. The company’s 50-day moving average is $7.70 and its 200-day moving average is $7.29. The last stock close price is up 16.95% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 91,674 shares of the stock were exchanged, down from an average trading volume of 1,028,450
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CNH Industrial has a 52 week low of $5.67 and a 52 week high of $8.67 The company’s market cap is currently $0.
In addition to Piper Jaffray reporting its target price, a total of 11 firms have issued a report on CNHI. The one year target is $6.37 with one equity analyst rating the company a strong buy, zero brokers rating the stock a buy, 7 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 1 firm rating the stock a sell.
General Information About CNH Industrial (NYSE: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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