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Research Alert: CFRA Keeps Hold Opinion On Shares Of Cnh Industrial N.v.
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Research Alert: CFRA Keeps Hold Opinion On Shares Of Cnh Industrial N.v.
May 26, 2025 5:16 AM

12:50 PM EDT, 05/09/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target for CNH Industrial ( CNH ) to $14 from $13, implying a 2025 P/E multiple of 22.2x, above its five-year average forward P/E of 17.2x, justified by expected margin recovery, in our view. We cut our EPS forecasts to $0.63 from $1.49 for 2025 and to $0.90 from $1.20 for 2026. We believe CNHI offers cyclical upside as agricultural demand recovers, driven by high crop prices and farm incomes driving equipment replacement in key regions. While near-term visibility is limited by cyclical softness, we see CNHI's diversified portfolio as a source of resilience. We view the May 2025 Strategic Business Plan as a credible roadmap for long-term value, targeting 16%-17% mid-cycle EBIT margins in Agriculture and 7%-8% in Construction by 2030. We are constructive on CNHI's "Iron + Tech" push to integrate precision agriculture technologies, aiming to double its revenue share and internalize 90% of it, though we believe adoption and execution will depend on macroeconomic factors and dealer readiness.

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