Caterpillar – Consensus indicates potential rise of 1.6%
caterpillar found using the ticker (CAT) now have 21 total analysts covering the stock. The consensus rating is “Hold”. The range between the high target price and the low target price is between 303 and 125 by calculating the average target price that we see 238.72. Given that the previous close of shares was at 234.99, this indicates that there is a potential upside of 1.6%. The 50-day moving average is 233.93 and the 200-day MA is 205.11. The company’s market capitalization is $ 129,957 million. Visit the company’s website at: http://www.caterpillar.com
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives around the world. Its Construction Industries segment offers asphalt pavers, compactors, cold planers, graders, pipelayers, road reclaimers, telehandlers and utility vehicles; backhoe loaders, compact crawlers, multi-terrain, compact loaders and crawlers; forestry and wheel excavators; and site preparation and crawler tractors. The resource industries segment of the company provides Electric Rope and Hydraulic Excavators, Draglines, Rotary Drills, Hard Rock Vehicles, Crawler Tractors, Mining Trucks, Long Wall Miners, Wheel Loaders , all-terrain and articulated trucks, wheel tractor scrapers, wheeled bulldozers, landfills. and soil compactors, machine components, vehicles and stand-alone solutions out of the box, and some work tools. Its Energy and Transport segment offers generator sets with reciprocating engines; piston engines and integrated systems for the power generation, marine, oil and gas industries; turbines, centrifugal gas compressors and related services; reciprocating engines and reconditioned components; and diesel-electric locomotives and components, and other railway products. The Company’s Financial Products segment provides operating and financing leases, installment sales contracts, working capital loans and wholesale financing; and insurance and risk management, as well as other equipment-related loans. Its All Other Operating segment offers filters and fluids, undercarriages, ground engagement tools, fluid transfer products, precision seals, and rubber sealing and connection components; distribution of parts; integrated logistics solutions; Portfolio Management; brand management and marketing strategy; and digital investment services. The company was formerly known as the Caterpillar Tractor Co. The company was founded in 1925 and is headquartered in Deerfield, Illinois.