Cummins Stock News

Cummins (CMI) closed at $197.77 in the latest trading session, marking a +1.27% move from the prior day.

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While Cummins Inc.'s ( CMI , Financial) stock price may have taken a beating as of late, the company's financial performance in 2021 was fairly decent, even if it didn't necessarily impress Wall Stree

Cummins with ticker code (CMI) have now 17 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 304 and 230 with a mean TP of 267.62. With the stocks previous close at 202.04 this is indicating there is a potential upside of 32.5%. The 50 day moving average now sits at 221.14 and the 200 day MA is 231.87. The company has a market cap of $27,004m. Company Website: https://www.cummins.com [stock_market_widget type="chart" template="basic" color="green" assets=CMI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $35,769m based on the market concensus. Cummins designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines.

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RAWALPINDI: Pakistan’s batters have done the job even though they took just about two days to pile up 476-4 before declaring their first innings. The onus is now on their bowlers to deliver in their first Test against Australia on home soil since 1998. Azhar Ali followed Imam-ul-Haq as the second century-maker of the Pakistan innings at the Pindi Cricket Stadium on Saturday, the veteran missing out on a double century when he was the hosts’ fourth wicket to fall after making 185. Opener Imam, who’d batted the entire first day, added 25 runs to his overnight score of 132 before becoming the first Pakistan batter to fall on the second day after the hosts had resumed at 245-1. Skipper Babar Azam made 36 while Mohammad Rizwan (29 not out) and Iftikhar Ahmed (13 not out) were at the crease at the time of declaration. Azhar said at the close of play that the decision to declare came because Pakistan wanted to bowl during the last hour of scheduled play but their plans came unstuck as bad light allowed just one over of off-spin by Sajid Khan.

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Cummins is one of the world's largest producers of diesel engines and related products.

Cummins (CMI) is set to acquire Meritor (MTOR) for $3.7 billion, while Apollo Funds decides to buy Tenneco (TEN) for $7.1 billion.

Cummins Inc. found using ticker (CMI) have now 17 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 304 and 230 with the average target price sitting at 269.34. With the stocks previous close at 203.85 this would indicate that there is a potential upside of 32.1%. The 50 day MA is 222.1 and the 200 day MA is 233.34. The market cap for the company is $29,072m. Company Website: https://www.cummins.com [stock_market_widget type="chart" template="basic" color="green" assets=CMI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $38,412m based on the market concensus. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines.

Cummins <> tells Reuters it expects "some impact" to its business in Russia and is preparing for current and anticipated sanctions.Cummins has an office in Moscow and has an…

Cummins Inc. expects "some impact" to its business in Russia and is analyzing and preparing for current and anticipated sanctions, the U.S. truck engine maker said in an e-mailed statement on Monday.