In a report released today, Ivan Feinseth from Tigress Financial reiterated a Buy rating on Caterpillar (NYSE: CAT). The company’s shares opened today at $135.65.
According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 18.9% and a 70.0% success rate. Feinseth covers the Services sector, focusing on stocks such as Norwegian Cruise Line, Southwest Airlines, and Bloomin’ Brands.
Caterpillar has an analyst consensus of Moderate Buy, with a price target consensus of $168.78.
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Caterpillar’s market cap is currently $80.98B and has a P/E ratio of 26.46. The company has a Price to Book ratio of 5.44.
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Caterpillar, Inc. engages in the manufacture of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. It operates through the following segments: Construction Industries, Resource Industries, Energy and Transportation, Financial Products, and All Other.
