Caterpillar – Consensus indicates 16.3% upside potential
caterpillar with the ticker code (CAT) now have 23 analysts covering the stock with the consensus suggesting a buy rating. The range between the target price high and the target price low is between 290 and 164 and has an average target at 226.54. Together with the stock’s previous close at 194.74, this indicates that there is upside potential of 16.3%. The 50-day MA is at 208.38 and the 200 moving average is now moving to 210.72. The market cap of the company is $103,834 million. You can visit the company’s website by visiting: https://www.caterpillar.com
The potential market capitalization would be $120,789 million based on market consensus.
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Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines worldwide. Its Construction Industries segment offers asphalt pavers, backhoe loaders, compactors, cold planers, compact track and multi-terrain loaders, excavators, graders, pipelayers, road reclaimers, site preparation tractors, skid steer loaders, telehandlers and utility vehicles; mini, small, medium and large excavators; compact, small and medium wheel loaders; crawler tractors and loaders; and wheel excavators. The Resource Industries segment provides electric rope shovels, draglines, hydraulic excavators, rotary drills, hard rock vehicles, crawler tractors, mining trucks, longwall miners, wheel loaders, Off-Road Trucks, Articulated Trucks, Wheeled Tractor Scrapers, Wheeled Bulldozers, Fleet Management, Landfill Compactors, Soil Compactors, Machinery Components, Autonomous Ready Vehicles and Solutions, Selected Work Tools, Services safety and mining performance solutions. The Energy and Transportation segment offers reciprocating engines, generator sets, integrated systems and solutions, turbines and turbine-related services, remanufactured reciprocating engines and components, centrifugal gas compressors, diesel-electric locomotives and components, as well as other rail-related products and services for the marine, oil and gas, industrial and power generation sectors. The Company’s Financial Products segment offers operating and financing leases, installment sales contracts, working capital loans and wholesale financing plans; and insurance and risk management products for vehicles, power generation facilities and vessels. The All Others operating segment manufactures filters and fluids, undercarriages, ground engaging tools, and others. , Ill.