Caterpillar (CAT)
(Delayed Data from NYSE)
$363.52 USD
+0.27 (0.07%)
Updated Apr 24, 2024 04:00 PM ET
After-Market: $365.00 +1.48 (0.41%) 7:58 PM ET
2-Buy of 5 2
B Value B Growth F Momentum B VGM
Caterpillar (CAT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$333.11 | $440.00 | $245.00 | -8.30% |
Price Target
Based on short-term price targets offered by 18 analysts, the average price target for Caterpillar comes to $333.11. The forecasts range from a low of $245.00 to a high of $440.00. The average price target represents a decline of 8.3% from the last closing price of $363.25.
Analyst Price Targets (18)
Broker Rating
Caterpillar currently has an average brokerage recommendation (ABR) of 2.48 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 21 brokerage firms. The current ABR compares to an ABR of 2.50 a month ago based on 22 recommendations.
Of the 21 recommendations deriving the current ABR, seven are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 33.33% and 4.76% of all recommendations. A month ago, Strong Buy made up 31.82%, while Buy represented 4.55%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 6 | 7 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 11 | 12 | 12 | 12 | 11 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 2 | 2 | 2 | 2 | 2 |
ABR | 2.48 | 2.50 | 2.50 | 2.57 | 2.48 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
3/14/2024 | Truist Securities | Jamie Cook | Strong Buy | Strong Buy |
2/20/2024 | Evercore Partners | David M Raso | Strong Buy | Hold |
2/6/2024 | Robert W. Baird & Co. | Mircea Dobre | Strong Sell | Strong Sell |
2/5/2024 | Not Identified | Not Identified | Hold | Hold |
11/3/2023 | D.A. Davidson | Michael Shlisky | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.48 |
ABR (Last week) | 2.50 |
# of Recs in ABR | 21 |
Average Target Price | $333.11 |
LT Growth Rate | 10.50% |
Industry | Manufacturing - Construction and Mining |
Industry Rank by ABR | 95 of 252 |
Current Quarter EPS Est: | 5.12 |