Kepler Capital Stick to Their Hold Rating for CNH Industrial By Investing.com


Kepler Capital analyst Michael Raab maintained a Hold rating on CNH Industrial (NYSE:) on Friday, setting a price target of $10, which is approximately 24.92% below the present share price of $13.32.

Raab expects CNH Industrial to post earnings per share (EPS) of -$0.70 for the first quarter of 2021.

The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in CNH Industrial, with an average price target of $13.
The analysts price targets range from a high of $17 to a low of $10.

In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $6.49 billion and a net profit of $587 million. The company’s market cap is $18 billion.

According to TipRanks.com, Kepler Capital analyst Michael Raab is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.3% and a 55.93% success rate.

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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