Cummins Inc. – Consensus Indicates Potential 13.1% Upside
Cummins Inc. with ticker code (CMI) have now 18 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 303.9 and 190 calculating the average target price we see 243.13. With the stocks previous close at 214.92 this now indicates there is a potential upside of 13.1%. There is a 50 day moving average of 211.78 and the 200 moving average now moves to 210.92. The company has a market capitalisation of $30,013m. Company Website: https:||www.cummins.com [stock_market_widget type="chart" template="basic" color="green" assets="CMI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $33,952m based on the market concensus. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines.
Cummins Inc. – Consensus Indicates Potential 13.1% Upside
Cummins Inc. with ticker code (CMI) have now 18 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 303.9 and 190 calculating the average target price we see 243.13. With the stocks previous close at 214.92 this now indicates there is a potential upside of 13.1%. There is a 50 day moving average of 211.78 and the 200 moving average now moves to 210.92. The company has a market capitalisation of $30,013m. Company Website: https:||www.cummins.com [stock_market_widget type="chart" template="basic" color="green" assets="CMI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $33,952m based on the market concensus. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines.