Navistar International Corp. (NYSE:NAV) was down 6.7% during trading on Tuesday . The company traded as low as $11.83 and last traded at $11.87, with a volume of 644,643 shares traded. The stock had previously closed at $12.72.

A number of equities research analysts recently commented on NAV shares. Wells Fargo & Co. restated a “hold” rating on shares of Navistar International Corp. in a research report on Wednesday, May 18th. Jefferies Group restated a “buy” rating on shares of Navistar International Corp. in a research report on Thursday, July 7th. Piper Jaffray Cos. lowered Navistar International Corp. from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $14.00 to $11.50 in a research report on Tuesday, June 28th. Stifel Nicolaus lowered Navistar International Corp. from a “hold” rating to a “sell” rating and decreased their price target for the stock from $13.15 to $10.00 in a research report on Monday, June 13th. Finally, BMO Capital Markets reiterated a “hold” rating on shares of Navistar International Corp. in a research report on Wednesday, June 8th. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $13.24.

The stock’s market cap is $974.32 million. The firm’s 50 day moving average price is $12.18 and its 200-day moving average price is $11.22.

An institutional investor recently raised its position in Navistar International Corp. stock. Towle & Co. increased its stake in shares of Navistar International Corp. (NYSE:NAV) by 3.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,206,359 shares of the company’s stock after buying an additional 41,530 shares during the period. Navistar International Corp. comprises 2.4% of Towle & Co.’s portfolio, making the stock its 25th largest position. Towle & Co. owned approximately 1.48% of Navistar International Corp. worth $10,664,000 as of its most recent SEC filing.

Navistar International Corporation (NIC) is a holding company, whose principal operating subsidiaries are Navistar, Inc and Navistar Financial Corporation (NFC). The Company is a manufacturer of International brand commercial and military trucks, MaxxForce brand diesel engines, IC Bus (IC) brand school and commercial buses, as well as a provider of service parts for trucks and diesel engines.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.