CNH Industrial Coverage Initiated at William Blair (CNHI)
Analysts at William Blair initiated coverage on shares of CNH Industrial (NASDAQ:CNHI) in a research report issued to clients and investors on Wednesday, Analyst Ratings Network reports. The firm set an “outperform” rating and a $16.00 price target on the stock. William Blair’s price objective suggests a potential upside of 24.03% from the company’s current price.
Shares of CNH Industrial (NASDAQ:CNHI) traded down 0.15% on Wednesday, hitting $12.90. 1,636,938 shares of the company’s stock traded hands. CNH Industrial has a 1-year low of $12.50 and a 1-year high of $13.16. The stock has a 50-day moving average of $12. and a 200-day moving average of $12.. The company has a market cap of $3.148 billion and a price-to-earnings ratio of 2.38.
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