Cummins Inc. – Consensus Indicates Potential 31.2% Upside
Cummins Inc. with ticker code (CMI) have now 17 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 303.9 and 214 calculating the mean target price we have 248.2. With the stocks previous close at 189.15 this would indicate that there is a potential upside of 31.2%. The 50 day moving average now sits at 200.88 and the 200 day MA is 217.19. The company has a market cap of $27,027m. 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 $35,465m 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 31.2% Upside
Cummins Inc. with ticker code (CMI) have now 17 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 303.9 and 214 calculating the mean target price we have 248.2. With the stocks previous close at 189.15 this would indicate that there is a potential upside of 31.2%. The 50 day moving average now sits at 200.88 and the 200 day MA is 217.19. The company has a market cap of $27,027m. 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 $35,465m 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.