BidaskClub upgraded shares of CNH Industrial NV (NASDAQ:CNHI) from a buy rating to a strong-buy rating in a research note released on Thursday.

Other equities research analysts also recently issued reports about the stock. Bank of America Corporation upgraded shares of CNH Industrial NV from a neutral rating to a buy rating in a research report on Monday, June 19th. Zacks Investment Research upgraded shares of CNH Industrial NV from a hold rating to a buy rating and set a $13.00 price target for the company in a research report on Wednesday, July 5th. Seaport Global Securities upgraded shares of CNH Industrial NV from a neutral rating to a buy rating and lifted their price target for the company from $11.00 to $14.00 in a research report on Thursday, July 13th. TheStreet upgraded shares of CNH Industrial NV from a d+ rating to a c rating in a research report on Wednesday, July 26th. Finally, Stifel Nicolaus reiterated a hold rating and set a $12.00 price target on shares of CNH Industrial NV in a research report on Friday, July 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $11.26.

Shares of CNH Industrial NV (NASDAQ:CNHI) traded down 0.83% during mid-day trading on Thursday, reaching $11.91. The company’s stock had a trading volume of 1,190,517 shares. The company’s 50-day moving average is $11.59 and its 200-day moving average is $11.14. CNH Industrial NV has a 52 week low of $7.09 and a 52 week high of $12.27. The stock has a market capitalization of $16.25 billion and a price-to-earnings ratio of 38.42.

CNH Industrial NV (NASDAQ:CNHI) last posted its quarterly earnings results on Wednesday, July 26th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.03. CNH Industrial NV had a net margin of 3.17% and a return on equity of 21.59%. The company had revenue of $6.95 billion during the quarter, compared to the consensus estimate of $7.07 billion. During the same period last year, the firm earned $0.10 EPS. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. Equities analysts predict that CNH Industrial NV will post $0.45 EPS for the current year.

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Several institutional investors and hedge funds have recently modified their holdings of CNHI. Renaissance Technologies LLC increased its stake in shares of CNH Industrial NV by 1,788.2% during the 1st quarter. Renaissance Technologies LLC now owns 2,622,720 shares of the company’s stock worth $25,315,000 after purchasing an additional 2,483,820 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of CNH Industrial NV by 9.8% during the 2nd quarter. Vanguard Group Inc. now owns 24,176,853 shares of the company’s stock worth $275,133,000 after purchasing an additional 2,164,105 shares in the last quarter. TIAA CREF Investment Management LLC increased its stake in shares of CNH Industrial NV by 51.7% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 5,986,648 shares of the company’s stock worth $68,128,000 after purchasing an additional 2,040,505 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of CNH Industrial NV by 127.6% during the 1st quarter. JPMorgan Chase & Co. now owns 3,134,658 shares of the company’s stock worth $30,220,000 after purchasing an additional 1,757,598 shares in the last quarter. Finally, Teachers Advisors LLC increased its stake in shares of CNH Industrial NV by 52,429.3% during the 1st quarter. Teachers Advisors LLC now owns 1,280,140 shares of the company’s stock worth $12,341,000 after purchasing an additional 1,277,703 shares in the last quarter.

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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