Navistar International Corp. (NYSE:NAV) shares fell 2.7% during mid-day trading on Monday . The stock traded as low as $13.63 and last traded at $13.89, with a volume of 385,235 shares traded. The stock had previously closed at $14.27.

Several brokerages recently issued reports on NAV. Jefferies Group reiterated a “buy” rating on shares of Navistar International Corp. in a research report on Wednesday, June 8th. BMO Capital Markets reiterated a “hold” rating on shares of Navistar International Corp. in a research report on Wednesday, June 8th. Citigroup Inc. lowered shares of Navistar International Corp. from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 8th. Stifel Nicolaus lowered shares of Navistar International Corp. from a “hold” rating to a “sell” rating and cut their target price for the stock from $13.15 to $10.00 in a research report on Monday, June 13th. Finally, Avondale Partners reiterated a “market perform” rating and issued a $9.00 target price (down from $12.00) on shares of Navistar International Corp. in a research report on Wednesday, June 15th. Three 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. Navistar International Corp. currently has a consensus rating of “Hold” and an average price target of $12.88.

The company’s market cap is $1.15 billion. The stock’s 50-day moving average is $12.64 and its 200 day moving average is $11.75.

An institutional investor recently raised its position in Navistar International Corp. stock. Schwab Charles Investment Management Inc. increased its stake in shares of Navistar International Corp. (NYSE:NAV) by 16.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 266,330 shares of the company’s stock after buying an additional 36,826 shares during the period. Schwab Charles Investment Management Inc. owned 0.33% of Navistar International Corp. worth $2,355,000 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.

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