CNH Industrial N.V. Common Shares (NYSE:CNHI) Has Been Upgraded Today by Bank of America to a “Buy”

June 20, 2017 - By Nellie Frank

  CNH Industrial N.V. Common Shares (NYSE:CNHI) Has Been Upgraded Today by Bank of America to a

CNH Industrial N.V. Common Shares (NYSE:CNHI) Stock Upgrade

Bank of America raised the shares of CNH Industrial N.V. Common Shares (NYSE:CNHI) from a “Neutral” rating to “Buy” rating in analysts note shared with investors on Monday, 19 June.

CNH Industrial NV (NYSE:CNHI) Ratings Coverage

Among 11 analysts covering CNH Industrial (NYSE:CNHI), 1 have Buy rating, 3 Sell and 7 Hold. Therefore 9% are positive. CNH Industrial has $10.50 highest and $5 lowest target. $7.64’s average target is -34.08% below currents $11.59 stock price. CNH Industrial had 25 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Credit Suisse given on Friday, January 15. The stock of CNH Industrial NV (NYSE:CNHI) earned “Neutral” rating by Piper Jaffray on Monday, November 28. Stifel Nicolaus initiated CNH Industrial NV (NYSE:CNHI) rating on Tuesday, April 11. Stifel Nicolaus has “Hold” rating and $10.50 target. The firm has “Hold” rating given on Wednesday, February 1 by Deutsche Bank. The stock of CNH Industrial NV (NYSE:CNHI) has “Neutral” rating given on Monday, November 28 by PiperJaffray. The stock of CNH Industrial NV (NYSE:CNHI) has “Underperform” rating given on Monday, November 16 by JP Morgan. The firm earned “Buy” rating on Monday, June 19 by Bank of America. The company was upgraded on Monday, May 1 by JP Morgan. The firm has “Neutral” rating given on Friday, January 13 by Bank of America. The stock of CNH Industrial NV (NYSE:CNHI) earned “Neutral” rating by Citigroup on Friday, July 15.

About 518 shares traded. CNH Industrial NV (NYSE:CNHI) has risen 66.12% since June 20, 2016 and is uptrending. It has outperformed by 49.42% the S&P500.

Analysts await CNH Industrial NV (NYSE:CNHI) to report earnings on July, 25. They expect $0.16 earnings per share, 0.00 % or $0.00 from last year’s $0.16 per share. CNHI’s profit will be $218.95M for 18.11 P/E if the $0.16 EPS becomes a reality. After $0.04 actual earnings per share reported by CNH Industrial NV for the previous quarter, Wall Street now forecasts 300.00 % EPS growth.

CNH Industrial N.V. is a capital goods company. The company has market cap of $15.86 billion. The Firm 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. It has a 51.59 P/E ratio.

More notable recent CNH Industrial NV (NYSE:CNHI) news were published by: Bloomberg.com which released: “Deere Puts a $15 Billion Rival in the Headlights” on June 06, 2017, also Prnewswire.com with their article: “CNH Industrial launches new Newsroom for North American region as next phase …” published on June 15, 2017, Prnewswire.com published: “CNH Industrial NV to renew common shares buyback program” on June 05, 2017. More interesting news about CNH Industrial NV (NYSE:CNHI) were released by: Prnewswire.com and their article: “CNH Industrial presenta su proyecto para la gestión sostenible del agua en …” published on June 13, 2017 as well as Prnewswire.com‘s news article titled: “S&P Global Ratings raises its rating on CNH Industrial to Investment Grade” with publication date: June 16, 2017.

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