DA Davidson has revised its price target for CNH Industrial (CNH, Financial), lowering it from $14 to $12.50, while maintaining a Neutral rating on the stock. This adjustment comes as part of a broader analysis previewing the machinery sector's first-quarter results. The firm highlights a period of indecision affecting many dealers and end-users, largely driven by uncertainties in the market landscape.
The past quarter has seen stakeholders grappling with an unclear economic outlook, with post-election optimism giving way to concerns over specific policies. While the issue of tariffs remains unresolved, uncertainties around tax and broader policy continue to linger. DA Davidson notes that although no company is entirely shielded from the impacts of tariffs or potential recession conditions, those entities dealing with government contracts, safety products, and other essential services are expected to perform better than those heavily reliant on large capital investments from the private sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for CNH Industrial NV (CNH, Financial) is $14.96 with a high estimate of $17.80 and a low estimate of $12.00. The average target implies an upside of 34.57% from the current price of $11.12. More detailed estimate data can be found on the CNH Industrial NV (CNH) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, CNH Industrial NV's (CNH, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for CNH Industrial NV (CNH, Financial) in one year is $12.85, suggesting a upside of 15.56% from the current price of $11.12. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the CNH Industrial NV (CNH) Summary page.
