CNH Industrial Price Target Raised to $11.50 at JPMorgan Chase & Co. (CNHI)
Research analysts at JPMorgan Chase & Co. hoisted their price target on shares of CNH Industrial (NASDAQ:CNHI) from $11.00 to $11.50 in a report released on Friday, AnalystRatings.NET reports. JPMorgan Chase & Co.’s target price would indicate a potential upside of 5.31% from the stock’s previous close.
Shares of CNH Industrial (NASDAQ:CNHI) opened at 10.92 on Friday. CNH Industrial has a 52-week low of $10.16 and a 52-week high of $13.16. The stock’s 50-day moving average is $11.28 and its 200-day moving average is $11.16. The company has a market cap of $14.743 billion and a price-to-earnings ratio of 13.02.
CNH Industrial (NASDAQ:CNHI) last released its earnings data on Friday, May 9th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.03.
Separately, analysts at Zacks upgraded shares of CNH Industrial from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 2nd. They now have a $11.80 price target on the stock. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $10.95.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.