Caterpillar (CAT)
(Delayed Data from NYSE)
$358.32 USD
-1.56 (-0.43%)
Updated Apr 17, 2024 04:00 PM ET
After-Market: $355.91 -2.41 (-0.67%) 7:58 PM ET
3-Hold of 5 3
C Value B Growth D Momentum B VGM
Caterpillar (CAT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$327.50 | $440.00 | $245.00 | -9.00% |
Price Target
Based on short-term price targets offered by 18 analysts, the average price target for Caterpillar comes to $327.50. The forecasts range from a low of $245.00 to a high of $440.00. The average price target represents a decline of 9% from the last closing price of $359.88.
Analyst Price Targets (18)
Broker Rating
Caterpillar currently has an average brokerage recommendation (ABR) of 2.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 22 brokerage firms. The current ABR compares to an ABR of 2.50 a month ago based on 22 recommendations.
Of the 22 recommendations deriving the current ABR, seven are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 31.82% and 4.55% 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 | 12 | 12 | 12 | 12 | 11 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 2 | 2 | 2 | 2 | 2 |
ABR | 2.50 | 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 |
10/31/2023 | William Blair | Lawrence T De Maria | 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 | 2.50 |
ABR (Last week) | 2.50 |
# of Recs in ABR | 22 |
Average Target Price | $327.50 |
LT Growth Rate | 10.50% |
Industry | Manufacturing - Construction and Mining |
Industry Rank by ABR | 98 of 252 |
Current Quarter EPS Est: | 5.11 |