CNH Industrial Receives New Coverage from Analysts at Global Hunter Securities (CNHI)
Investment analysts at Global Hunter Securities assumed coverage on shares of CNH Industrial (NASDAQ:CNHI) in a note issued to investors on Thursday, TheFlyOnTheWall.com reports. The firm set a “reduce” rating on the stock.
CNHI has been the subject of a number of other recent research reports. Analysts at Berenberg Bank cut their price target on shares of CNH Industrial from $8.50 to $7.65 in a research note on Tuesday, May 20th. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of CNH Industrial from $11.00 to $11.50 in a research note on Friday, May 9th. Finally, 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 investment analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. CNH Industrial presently has an average rating of “Hold” and an average target price of $10.74.
Shares of CNH Industrial (NASDAQ:CNHI) opened at 10.73 on Thursday. CNH Industrial has a 52-week low of $10.16 and a 52-week high of $13.16. The stock has a 50-day moving average of $10.89 and a 200-day moving average of $10.99. The company has a market cap of $14.518 billion and a price-to-earnings ratio of 12.89.
CNH Industrial (NASDAQ:CNHI) last posted its quarterly earnings results on Friday, May 9th. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.03.
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