# Cummins Inc. – Consensus ‘buy’ rating and 12.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/cummins-inc.consensus-buy-rating-and-12.6-upside-potential/4121135152
- Published: 2023-12-05T13:28:02+00:00
- Author: Charlotte Edwards

**Cummins Inc.** which can be found using ticker (CMI) now have 15 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The target
price High/Low ranges between $303.90 and $216.00 with the average target price 
sitting at $254.79. Given that the stocks previous close was at $226.31 this is 
indicating there is a potential upside of 12.6%. It’s also worth noting that there
is a 50 day moving average of $223.69 and the 200 day MA is $232.56. The market 
capitalization for the company is 32.77B. The stock price is currently at: $231.18
USD

 The potential market cap would be $36,892,374,070 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 11.78, revenue per share of $235.03
and a 7.3% return on assets.

Cummins Inc. offers complementary business segments that design, manufacture, distribute
and service a portfolio of power solutions. The Company’s segments include Components,
Engine, Distribution, Power Systems, and Accelera. The Components segment sells 
filtration products, aftertreatment systems, turbochargers, electronics, fuel systems,
automated transmissions, axles, and suspension systems. The Engine segment produces
engines and associated parts for sale to customers in on-highway and various off-
highway markets. The Distribution segment includes distributorships engaged in wholesaling
engines, generator sets and service parts. The Power Systems segment is an integrated
power provider, which designs, manufactures, and sells engines for industrial applications,
standby and prime power generator sets, alternators, and other power components.
The Accelera segment designs, manufactures, sells and supports hydrogen production
solutions as well as electrified power systems.

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