CNH Industrial NV (NASDAQ:CNHI) was downgraded by investment analysts at BidaskClub from a “buy” rating to a “hold” rating in a research report issued on Tuesday.

Other equities analysts have also recently issued research reports about the company. TheStreet raised CNH Industrial NV from a “d+” rating to a “c” rating in a report on Wednesday, July 26th. Zacks Investment Research raised CNH Industrial NV from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a report on Wednesday, July 5th. Seaport Global Securities raised CNH Industrial NV from a “neutral” rating to a “buy” rating and upped their target price for the stock from $11.00 to $14.00 in a report on Thursday, July 13th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $11.50 target price on shares of CNH Industrial NV in a report on Friday, July 14th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $13.20 target price (up previously from $12.80) on shares of CNH Industrial NV in a report on Monday, October 9th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. CNH Industrial NV presently has a consensus rating of “Hold” and a consensus target price of $11.31.

CNH Industrial NV (NASDAQ CNHI) opened at 11.98 on Tuesday. The company has a market cap of $16.34 billion and a PE ratio of 38.65. The company has a 50-day moving average price of $11.78 and a 200 day moving average price of $11.28. CNH Industrial NV has a 12-month low of $7.09 and a 12-month high of $12.27.

CNH Industrial NV (NASDAQ:CNHI) last issued its earnings results on Wednesday, July 26th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. CNH Industrial NV had a return on equity of 21.59% and a net margin of 3.17%. The business had revenue of $6.95 billion during the quarter, compared to analysts’ expectations of $7.07 billion. During the same quarter in the prior year, the firm earned $0.10 EPS. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. On average, analysts forecast that CNH Industrial NV will post $0.45 EPS for the current fiscal year.

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Several hedge funds have recently modified their holdings of the company. Ameriprise Financial Inc. increased its stake in shares of CNH Industrial NV by 1.6% in the first quarter. Ameriprise Financial Inc. now owns 12,760 shares of the company’s stock valued at $123,000 after buying an additional 199 shares during the period. Quadrant Capital Group LLC increased its stake in shares of CNH Industrial NV by 4.3% in the second quarter. Quadrant Capital Group LLC now owns 10,104 shares of the company’s stock valued at $110,000 after buying an additional 415 shares during the period. Stifel Financial Corp increased its stake in shares of CNH Industrial NV by 0.9% in the second quarter. Stifel Financial Corp now owns 81,966 shares of the company’s stock valued at $933,000 after buying an additional 741 shares during the period. Comerica Bank increased its stake in shares of CNH Industrial NV by 1.3% in the first quarter. Comerica Bank now owns 76,225 shares of the company’s stock valued at $820,000 after buying an additional 986 shares during the period. Finally, Wetherby Asset Management Inc. increased its stake in shares of CNH Industrial NV by 5.4% in the second quarter. Wetherby Asset Management Inc. now owns 22,842 shares of the company’s stock valued at $260,000 after buying an additional 1,176 shares during the period.

CNH Industrial NV Company Profile

CNH Industrial N.V. is a capital goods company. The Company is engaged in the design, production, marketing, sale and financing of agricultural and construction equipment, trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense and other uses, as well as engines, transmissions and axles for vehicles and engines under marine and power generation applications.

Analyst Recommendations for CNH Industrial NV (NASDAQ:CNHI)

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