CNH Industrial (CNHI) was Downgraded to a Hold Rating at Kepler Capital


CNH Industrial (CNHI) received a Hold rating and a $7.00 price target from Kepler Capital analyst Alexandre Raverdy yesterday. The company’s shares closed last Wednesday at $6.81.

According to TipRanks.com, Raverdy is a 1-star analyst with an average return of -1.4% and a 47.5% success rate. Raverdy covers the Consumer Goods sector, focusing on stocks such as Compagnie Générale des Établissements Michelin, Bayerische Motoren Werke Aktiengesellschaft, and Daimler.

The word on The Street in general, suggests a Hold analyst consensus rating for CNH Industrial with a $7.25 average price target, representing a 5.8% upside. In a report issued on June 30, Deutsche Bank also resumed coverage with a Hold rating on the stock with a $7.00 price target.

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The company has a one-year high of $11.99 and a one-year low of $5.06. Currently, CNH Industrial has an average volume of 1.58M.

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CNH Industrial NV designs, produces and sells agricultural equipment and commercial vehicles. It operates through the following business segments: Agricultural Equipment, Construction Equipment, Commercial Vehicles, Powertrain and Financial Services. The Agricultural Equipment segment designs, manufactures and distributes a full line of farm machinery and implements, including two-wheel and four wheel drive tractors, crawler tractors, combines, cotton pickers, grape and sugar cane harvesters, hay and forage equipment, planting and seeding equipment, soil preparation and cultivation implements and material handling equipment. The Construction Equipment engages in production and sales of construction equipment including excavators, crawler dozers, graders, wheel loaders, backhoe loaders, skid steer loaders, compact track loaders and telehandlers. The Commercial Vehicles segment offers light, medium and heavy vehicles for the transportation and distribution of goods through Iveco brand; commuter buses and touring coaches through Iveco Bus and Heuliez Bus brands; quarry and mining equipment through Iveco Astra brand; and firefighting vehicles through Iveco Magirus brand. The Powertrain segment handles the propulsion and transmission systems for on-and off-road trucks and commercial vehicles, as well as engines for marine application and power generation through FPT Industrial brand. The Financial Services segment provides financial services to dealers and customers. The company was founded in November 12, 2012 and is headquartered in London, the United Kingdom.

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