Analyst Ratings Coverage
Stifel Nicolaus (Rank#25) maintains a “Buy” rating on Caterpillar’s stock, with a target price increase from USD 285 to USD 293. The analyst’s rating suggests a positive outlook on the stock, recommending investors to consider buying shares of Caterpillar. The new target price of USD 293 indicates the analyst’s expectation of potential growth in the stock’s value over the specified period.
Stifel Nicolaus holds a ranking of #25 out of 358 in Stock Target Advisor’s database, reflecting a median rating accuracy of +37.69%. This high rating accuracy contributes to the firm’s overall grade of A-. The median target accuracy, which measures the deviation of Stifel Nicolaus’s stock targets from actual outcomes, is at -32.81%. Additionally, the median 12-month return on following Stifel Nicolaus’s buy/sell/hold advice is reported at -12.33%.
Stifel Nicolaus has provided a substantial number of stock ratings and price targets, contributing to a comprehensive dataset in Stock Target Advisor’s database. Specifically, the database includes 2,779 stock ratings and 3,902 price targets from Stifel Nicolaus. This information spans across 8 exchanges and encompasses 134 sectors, providing a broad perspective on the firm’s coverage and analysis of various stocks within the market.
CAT Stock Analysis
According to the Caterpillar Inc stock forecast provided by 13 analysts, the consensus is that the average target price for the company’s stock over the next 12 months is USD 290.47. This target price represents the analysts’ collective assessment of the stock’s potential value in the coming year, taking into account various factors such as financial performance, industry trends, and market conditions.
The average analyst rating for Caterpillar Inc is classified as “Buy,” indicating an overall positive sentiment among analysts regarding the company’s prospects. This rating suggests a consensus belief that investors should consider purchasing the stock based on expectations of favorable performance and potential for growth.
Stock Target Advisor, an independent stock analysis service, has conducted its own assessment of Caterpillar Inc’s stock. According to their analysis, the outlook is categorized as “Neutral.” This classification is based on evaluating 8 positive signals and 7 negative signals related to the company’s stock. These signals could include a variety of technical and fundamental indicators, market sentiment, and other factors that analysts consider when assessing a stock’s potential direction.
As of the last closing, Caterpillar Inc’s actual stock price was USD 285.71. Over the past week, the stock price has increased by +9.50%, and over the past month, it has risen by +12.90%. Looking at the stock’s performance over the last year, there has been a notable increase of +22.77%, indicating a positive trend over a more extended period.
