Skip to main content

Market Overview

What 11 Analyst Ratings Have To Say About Cummins

Share:
What 11 Analyst Ratings Have To Say About Cummins

Cummins (NYSE:CMI) has observed the following analyst ratings within the last quarter:

Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago
Bullish 1 0 0 1
Somewhat Bullish 0 0 0 0
Indifferent 0 2 2 1
Somewhat Bearish 0 0 0 0
Bearish 0 0 0 0

11 analysts offering 12-month price targets in the last 3 months for Cummins evaluate the company at an average price target of $275.18 with a high of $325.00 and a low of $238.00.

price target chart

This current average has increased by 9.72% from the previous average price target of $250.8.

How Are Analyst Ratings Determined?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Analysts may suggest actions like "buy", "sell", "hold", or similar verbage for each stock based on research compiled from the corresponding company. Analysts who suggest "buy" are telling traders to purchase the stock based on forecasted growth. On the flip side, analysts who suggest "sell" are telling traders to dump the stock because of a similarly forecasted decline. Analysts who suggest "hold" are telling investors that they see short-term or mid-term stagnation and to maintain their positions on the stock.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

Latest Ratings for CMI

DateFirmActionFromTo
May 2021B of A SecuritiesUpgradesNeutralBuy
May 2021Morgan StanleyMaintainsEqual-Weight
May 2021BMO CapitalMaintainsMarket Perform

View More Analyst Ratings for CMI
View the Latest Analyst Ratings

 

Related Articles (CMI)

View Comments and Join the Discussion!

Posted-In: BZI-AARAnalyst Ratings

Latest Ratings

StockFirmActionPT
RIDERF LaffertyDowngrades
RAPTCantor FitzgeraldMaintains71.0
UALCitigroupMaintains67.0
GDOTCitigroupMaintains50.0
VRTXPiper SandlerMaintains261.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com