CNH Industrial NV (NASDAQ:CNHI) had its target price decreased by research analysts at Deutsche Bank AG from $6.38 to $6.37 in a note issued to investors on Wednesday. The brokerage presently has a “sell” rating on the stock. Deutsche Bank AG’s price target would suggest a potential downside of 13.80% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. Zacks Investment Research raised shares of CNH Industrial NV from a “hold” rating to a “buy” rating and set a $8.00 price objective on the stock in a research note on Wednesday, June 29th. Citigroup Inc. dropped their price objective on shares of CNH Industrial NV from $8.00 to $7.50 and set a “neutral” rating on the stock in a research note on Friday, July 15th. Bank of America Corp. cut shares of CNH Industrial NV from a “buy” rating to an “underperform” rating and dropped their price objective for the stock from $9.00 to $6.00 in a research note on Thursday, July 7th. Barclays PLC raised their price objective on shares of CNH Industrial NV from $6.00 to $7.00 and gave the stock an “underweight” rating in a research note on Wednesday. Finally, Piper Jaffray Cos. cut shares of CNH Industrial NV from a “neutral” rating to an “underweight” rating and set a $5.00 price objective on the stock. in a research note on Monday, July 25th. Four analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $6.65.

Analyst Recommendations for CNH Industrial NV (NASDAQ:CNHI)

CNH Industrial NV (NASDAQ:CNHI) traded up 1.62% during trading on Wednesday, hitting $7.51. 151,501 shares of the company were exchanged. The firm’s 50 day moving average price is $7.28 and its 200-day moving average price is $7.11. CNH Industrial NV has a 1-year low of $5.67 and a 1-year high of $7.91. The stock’s market capitalization is $10.22 billion.

CNH Industrial NV (NASDAQ:CNHI) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. The firm had revenue of $6.75 billion for the quarter, compared to analyst estimates of $6.65 billion. CNH Industrial NV’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.11 EPS. Equities analysts predict that CNH Industrial NV will post $0.34 EPS for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in CNHI. CAPROCK Group Inc. raised its position in shares of CNH Industrial NV by 28.5% in the second quarter. CAPROCK Group Inc. now owns 40,035 shares of the company’s stock worth $286,000 after buying an additional 8,877 shares during the period. Royal Bank of Canada raised its position in shares of CNH Industrial NV by 13.7% in the second quarter. Royal Bank of Canada now owns 42,731 shares of the company’s stock worth $306,000 after buying an additional 5,157 shares during the period. GLG LLC acquired a new position in shares of CNH Industrial NV during the second quarter worth about $1,072,000. Cubist Systematic Strategies LLC acquired a new position in shares of CNH Industrial NV during the second quarter worth about $111,000. Finally, Lombard Odier Asset Management USA Corp acquired a new position in shares of CNH Industrial NV during the second quarter worth about $522,000.

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.

5 Day Chart for NASDAQ:CNHI

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