Navistar International (NYSE:NAV) was upgraded by stock analysts at Stifel Nicolaus to a “buy” rating in a research note issued on Tuesday.

A number of other equities research analysts have also weighed in on NAV. Robert W. Baird restated a “buy” rating on shares of Navistar International in a report on Tuesday, September 5th. Deutsche Bank raised their price objective on shares of Navistar International from $26.00 to $36.00 and gave the company a “hold” rating in a report on Thursday, September 7th. Wells Fargo & Company lifted their price target on shares of Navistar International from $41.00 to $45.00 and gave the stock a “market perform” rating in a research note on Friday, October 6th. Jefferies Group reiterated a “positive” rating and set a $47.00 price target (up from $35.00) on shares of Navistar International in a research note on Thursday, September 7th. Finally, Royal Bank of Canada lifted their price target on shares of Navistar International from $31.00 to $36.00 and gave the stock a “sector perform” rating in a research note on Thursday, September 7th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $39.38.

Shares of Navistar International (NAV) opened at $40.07 on Tuesday. Navistar International has a fifty-two week low of $22.89 and a fifty-two week high of $45.47. The company has a debt-to-equity ratio of -0.86, a current ratio of 1.23 and a quick ratio of 0.94.

In related news, Director Stephen R. D’arcy sold 1,000 shares of the firm’s stock in a transaction dated Friday, October 6th. The shares were sold at an average price of $44.34, for a total value of $44,340.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 21.80% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Ameritas Investment Partners Inc. raised its position in Navistar International by 10.9% during the second quarter. Ameritas Investment Partners Inc. now owns 4,367 shares of the company’s stock worth $115,000 after acquiring an additional 430 shares during the last quarter. Invictus RG acquired a new position in shares of Navistar International in the third quarter valued at approximately $150,000. Financial Engines Advisors L.L.C. raised its position in shares of Navistar International by 57.0% in the third quarter. Financial Engines Advisors L.L.C. now owns 3,632 shares of the company’s stock valued at $160,000 after buying an additional 1,319 shares during the last quarter. Hanseatic Management Services Inc. raised its position in shares of Navistar International by 1.2% in the second quarter. Hanseatic Management Services Inc. now owns 7,036 shares of the company’s stock valued at $185,000 after buying an additional 81 shares during the last quarter. Finally, Ballentine Partners LLC acquired a new position in shares of Navistar International in the third quarter valued at approximately $220,000. Institutional investors own 83.25% of the company’s stock.

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Navistar International Company Profile

Navistar International Corporation is a holding company whose principal operating entities are Navistar, Inc and Navistar Financial Corporation (NFC). The Company’s segments include Truck, Parts, Global Operations (collectively, Manufacturing operations) and Financial Services, which consists of NFC and its foreign finance operations (collectively, Financial Services operations).

Analyst Recommendations for Navistar International (NYSE:NAV)

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