# Cummins Inc. – Consensus ‘buy’ rating and 12.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/cummins-inc.consensus-buy-rating-and-12.9-upside-potential/4121129286
- Published: 2023-10-12T12:47:04+01:00
- Author: Charlotte Edwards

**Cummins Inc.** with ticker code (CMI) now have 14 market analysts covering the
stock. The analyst consensus now points to a rating of ‘buy’. The range between 
the high target price and low target price is between 303.9 and 216 suggesting an
average Analsyt target price of $258.73. Given that the stocks previous close was
at $229.20 this would imply there is now a potential upside of 12.9%. The 50 day
MA is $233.40 and the 200 day moving average is $237.08. The total market capitalization
for the company now stands at 32.59B. The stock price for the company is currently
230.05 USD

 The potential market cap would be $36,784,242,258 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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