Navistar Receives a Rating Update from a Top Analyst

In a report released yesterday, David Leiker from Robert W. Baird reiterated a Buy rating on Navistar (NYSE: NAV), with a price target of $53. The company’s shares closed yesterday at $39.38.

According to TipRanks.com, Leiker is a top 100 analyst with an average return of 18.0% and a 79.5% success rate. Leiker covers the Industrial Goods sector, focusing on stocks such as Metaldyne Performance Group, Commercial Vehicle Group, and Strattec Security Corp.

Navistar has an analyst consensus of Moderate Buy, with a price target consensus of $41.

The company has a one-year high of $45.47 and a one-year low of $22.89. Currently, Navistar has an average volume of 621.8K.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Navistar International Corp. engages in the manufacture of military truck, proprietary diesel engines, school and commercial buses, and service parts for trucks and diesel engines. It also offers retail, wholesale, and lease financing services for trucks and parts.

Leave a Reply

Your email address will not be published. Required fields are marked *