CNH Industrial N.V. (CNHI) Receives Price Target

CNH Industrial N.V. (CNHI) : The most positive equity analysts on CNH Industrial N.V. (CNHI) expects the shares to touch $8, whereas, the least positive believes that the stock will trade at $5 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $6.52 with an expected fluctuation of $1.06 from the mean.

CNH Industrial N.V. (CNHI) : 5 analysts are covering CNH Industrial N.V. (CNHI) and their average rating on the stock is 4, which is read as a Sell. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


Also, Equity analysts at the Brokerage firm PiperJaffray downgrades its rating on CNH Industrial N.V. (NYSE:CNHI). The rating major has initiated the coverage with underweight rating on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on July 25, 2016.

CNH Industrial N.V. (NYSE:CNHI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $7.39 and $7.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $7.41. The buying momentum continued till the end and the stock did not give up its gains. It closed at $7.34, notching a gain of 0.27% for the day. The total traded volume was 1,076,201 . The stock had closed at $7.32 on the previous day.

CNH Industrial NV is a Netherlands-based company primarily engaged in the manufacture of heavy machinery and vehicles equipment. It divides its activities into four main businesses. The Agricultural Equipment offers agricultural equipment under the New Holland Agriculture, Case IH brands and the Steyr brand. The Construction Equipment produces excavators, bulldozers, backhoes, compactors and other construction equipment under the New Holland Construction and Case Construction Equipment brands. The Trucks & Commercial Vehicles manufactures trucks and a commercial vehicles, including buses, coaches and special vehicles under Iveco, Iveco Bus and Heuliez Bus brands, as well as it produces quarry and mining equipment through Iveco Astra, and fire fighting vehicles through the Iveco Magirus brand. The Powertrain offers transmission systems, engines for marine application and power generation through FPT Industrial brand.

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