# Cummins Inc. – Consensus ‘buy’ rating and 12.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/cummins-inc.consensus-buy-rating-and-12.7-upside-potential/4121126260
- Published: 2023-08-30T13:19:19+01:00
- Author: Charlotte Edwards

**Cummins Inc.** which can be found using ticker (CMI) have now 16 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The target price
High/Low ranges between 303.9 and 216 calculating the mean target price we have 
$262.26. Now with the previous closing price of $232.62 this is indicating there
is a potential upside of 12.7%. Also worth taking note is the 50 day moving average
now sits at $244.35 and the 200 moving average now moves to $239.13. The company
has a market cap of 32.60B. The stock price for the company is currently 230.13 
USD

 The potential market cap would be $36,750,704,537 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 12.89, revenue per share of 227.6
and a 7.43% 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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