Cummins (CMI)
(Real Time Quote from BATS)
$322.80 USD
+9.32 (2.97%)
Updated Sep 24, 2024 09:50 AM ET
3-Hold of 5 3
B Value F Growth C Momentum C VGM
Cummins (CMI) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$317.38 | $365.00 | $270.00 | 1.24% |
Price Target
Based on short-term price targets offered by 13 analysts, the average price target for Cummins comes to $317.38. The forecasts range from a low of $270.00 to a high of $365.00. The average price target represents an increase of 1.24% from the last closing price of $313.48.
Analyst Price Targets (13)
Broker Rating
Cummins currently has an average brokerage recommendation (ABR) of 2.72 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 16 brokerage firms. The current ABR compares to an ABR of 2.70 a month ago based on 15 recommendations.
Of the 16 recommendations deriving the current ABR, three are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 18.75% and 6.25% of all recommendations. A month ago, Strong Buy made up 20%, while Buy represented 6.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 4 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 10 | 9 | 9 | 10 | 10 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 2.72 | 2.70 | 2.70 | 2.72 | 2.62 |
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 |
---|---|---|---|---|
9/20/2024 | Not Identified | Not Identified | Hold | Hold |
8/19/2024 | Evercore Partners | David M Raso | Hold | Hold |
8/5/2024 | Not Identified | Not Identified | Hold | Hold |
8/2/2024 | Robert W. Baird & Co. | Luke L Junk | Hold | Hold |
8/1/2024 | Not Identified | Not Identified | Hold | Hold |
7/2/2024 | Truist Securities | Jamie Cook | Hold | Hold |
6/28/2024 | Raymond James | Timothy W Thein | Hold | Hold |
6/26/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
5/3/2024 | Not Identified | Not Identified | Hold | Hold |
4/24/2024 | Not Identified | Not Identified | Hold | Hold |
4/16/2024 | Goldman Sachs | Jerry D Revich | Hold | Hold |
3/15/2024 | UBS | Steven M Fisher | Not Available | Strong Buy |
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 | 2.72 |
ABR (Last week) | 2.70 |
# of Recs in ABR | 16 |
Average Target Price | $317.38 |
LT Growth Rate | 8.80% |
Industry | Automotive - Internal Combustion Engines |
Industry Rank by ABR | 93 of 253 |
Current Quarter EPS Est: | 4.87 |
CMI FAQs
Cummins Inc. (CMI) currently has an average brokerage recommendation (ABR) of 2.72 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 16 brokerage firms.
The average price target for Cummins Inc. (CMI) is $317.38. The current on short-term price targets is based on 8 reports.
The forecasts for Cummins Inc. (CMI) range from a low of $270 to a high of $365. The average price target represents a increase of $1.24 from the last closing price of $313.48.
The current UPSIDE for Cummins Inc. (CMI) is 1.24%
Based on short-term price targets offered by 13 analysts, the average price target for Cummins comes to $317.38. The forecasts range from a low of $270.00 to a high of $365.00. The average price target represents an increase of 1.24% from the last closing price of $313.48.