Cummins Inc. – Consensus ‘hold’ rating and 1.7% Upside Potential

Broker Ratings
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Cummins Inc. with ticker code (CMI) have now 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $345.00 and $259.00 calculating the average target price we see $304.66. Given that the stocks previous close was at $299.43 this indicates there is a potential upside of 1.7%. The 50 day moving average now sits at $279.76 while the 200 day moving average is $259.49. The market cap for the company is 40.36B. The current stock price for Playtika Holding Corp. is currently $295.10 USD

The potential market cap would be $41,068,792,773 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 21.65, revenue per share of $240.13 and a 6.6% return on assets.

Cummins Inc. offers complementary business segments that design, manufacture, distribute and service a portfolio of power solutions. The Company’s segments include Components, Engine, Distribution, Power Systems, and Accelera. The Components segment sells filtration products, aftertreatment systems, turbochargers, electronics, fuel systems, automated transmissions, axles, and suspension systems. The Engine segment produces engines and associated parts for sale to customers in on-highway and various off-highway markets. The Distribution segment includes distributorships engaged in wholesaling engines, generator sets and service parts. The Power Systems segment is an integrated power provider, which designs, manufactures, and sells engines for industrial applications, standby and prime power generator sets, alternators, and other power components. The Accelera segment designs, manufactures, sells and supports hydrogen production solutions as well as electrified power systems.

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