Navistar International Corporation (NAV) : The consensus on Navistar International Corporation (NAV) based on 14 analyst recommendation on the company stock is 2.86, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Navistar International Corporation (NAV) : 10 Wall Street analysts covering Navistar International Corporation (NAV) believe that the average level the stock could reach for the short term is $14.9. The maximum price target given is $32 and the minimum target for short term is around $8, hence the standard deviation is calculated at $7.17.
Navistar International Corporation (NYSE:NAV): The stock opened at $11.14 on Wednesday but the bulls could not build on the opening and the stock topped out at $11.35 for the day. The stock traded down to $10.57 during the day, due to lack of any buying support eventually closed down at $11.19 with a loss of -0.36% for the day. The stock had closed at $11.23 on the previous day. The total traded volume was 1,137,354 shares.
Also, Major Brokerage house, Piper Jaffray downgrades its ratings on Navistar International Corporation (NYSE:NAV). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on June 28, 2016. The company shares have dropped -41.08% from its 1 Year high price. On Jul 9, 2015, the shares registered one year high at $20.37 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $11.87 and the 200 Day Moving Average price is recorded at $10.70.
Navistar International Corporation (NIC) is a holding company, whose principal operating subsidiaries are Navistar, Inc. and Navistar Financial Corporation (NFC). The Company is a manufacturer of International brand commercial and military trucks, MaxxForce brand diesel engines, IC Bus (IC) brand school and commercial buses, as well as a provider of service parts for trucks and diesel engines. It also provides retail, wholesale, and lease financing of trucks and parts. The Company operates in four reporting segments, which comprises: North America Truck, North America Parts, Global Operations (collectively referred to as Manufacturing operations), and Financial Services. Its principal products and services include Trucks, Parts, Engines and Financial Services.