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One platform for global traditional assets
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Cummins Inc. (NYSE:CMI) Receives Average Recommendation of "Moderate Buy" from Brokerages
Seventeen analysts have given Cummins Inc. (NYSE:CMI) a consensus “Moderate Buy” rating, with an average 1-year price target of $600.27. The company recently surpassed quarterly earnings and revenue estimates, reporting $5.81 EPS versus $5.17 and $8.54 billion in revenue against $8.09 billion. Despite recent insider share sales, institutional ownership remains high at approximately 83.5%, and Cummins offers a $2.00 quarterly dividend.