Caterpillar (CAT)
(Real Time Quote from BATS)
$369.49 USD
-3.82 (-1.02%)
Updated Sep 20, 2024 10:40 AM 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 |
---|---|---|---|
$354.21 | $435.00 | $264.00 | -5.12% |
Price Target
Based on short-term price targets offered by 19 analysts, the average price target for Caterpillar comes to $354.21. The forecasts range from a low of $264.00 to a high of $435.00. The average price target represents a decline of 5.12% from the last closing price of $373.31.
Analyst Price Targets (19)
Broker Rating
Caterpillar currently has an average brokerage recommendation (ABR) of 2.45 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 20 brokerage firms. The current ABR compares to an ABR of 2.53 a month ago based on 19 recommendations.
Of the 20 recommendations deriving the current ABR, seven are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 35% and 5% of all recommendations. A month ago, Strong Buy made up 31.58%, while Buy represented 5.26%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 6 | 6 | 6 | 7 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 10 | 10 | 10 | 11 | 12 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 2 | 2 | 2 | 2 | 2 |
ABR | 2.45 | 2.53 | 2.53 | 2.55 | 2.50 |
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 |
---|---|---|---|---|
8/19/2024 | Evercore Partners | David M Raso | Hold | Hold |
8/8/2024 | Not Identified | Not Identified | Hold | Hold |
8/7/2024 | Not Identified | Not Identified | Hold | Hold |
8/7/2024 | UBS | Steven M Fisher | Strong Sell | Strong Sell |
8/7/2024 | Truist Securities | Jamie Cook | Strong Buy | Strong Buy |
8/6/2024 | Not Identified | Not Identified | Hold | Hold |
8/6/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/28/2024 | Raymond James | Timothy W Thein | Hold | Hold |
6/26/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
4/30/2024 | D.A. Davidson | Michael Shlisky | Hold | Hold |
4/30/2024 | Not Identified | Not Identified | Hold | Hold |
4/16/2024 | Goldman Sachs | Jerry D Revich | Strong Buy | Strong Buy |
4/1/2024 | Not Identified | Not Identified | Hold | Hold |
3/15/2024 | Tigress Financial Partners | Ivan Feinseth | Moderate Buy | Moderate Buy |
2/6/2024 | Robert W. Baird & Co. | Mircea Dobre | Strong Sell | Strong Sell |
2/6/2024 | Wells Fargo Securities | Seth R Weber | 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 | 2.45 |
ABR (Last week) | 2.53 |
# of Recs in ABR | 20 |
Average Target Price | $354.21 |
LT Growth Rate | 9.80% |
Industry | Manufacturing - Construction and Mining |
Industry Rank by ABR | 186 of 253 |
Current Quarter EPS Est: | 5.36 |
CAT FAQs
Caterpillar Inc. (CAT) currently has an average brokerage recommendation (ABR) of 2.45 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 20 brokerage firms.
The average price target for Caterpillar Inc. (CAT) is $354.21. The current on short-term price targets is based on 11 reports.
The forecasts for Caterpillar Inc. (CAT) range from a low of $264 to a high of $435. The average price target represents a decline of $5.12 from the last closing price of $373.31.
The current DOWNSIDE for Caterpillar Inc. (CAT) is 5.12%
Based on short-term price targets offered by 19 analysts, the average price target for Caterpillar comes to $354.21. The forecasts range from a low of $264.00 to a high of $435.00. The average price target represents a decline of 5.12% from the last closing price of $373.31.