Fiat Chrysler Automobiles N.V. (NYSE:FCAU) Stock Rating Upgraded by means of Bank of America Corporation

Bank of America Corporation upgraded shares of Fiat Chrysler Automobiles N.V. (NYSE: FCAU) from an underperform score to a neutral rating in studies note posted on Monday, August twenty-eighth, Marketbeat Ratings reports. Bank of America Corporation currently has an $18.00 price goal at the stock, up from their earlier rate target of $nine.00. Several different brokerages additionally recently weighed in on FCAU. Zacks Investment Research downgraded shares of Fiat Chrysler Automobiles N.V. From a preserve rating to a promote rating in a research notice on Wednesday, August 2nd. Morgan Stanley reduces their goal price on stocks of Fiat Chrysler Automobiles N.V. From $15.00 to $14.00 and set an overweight rating on the stock in a research observer on Friday, June 9th.

Jefferies Group LLC set a $14.00 target charge on stocks of Fiat Chrysler Automobiles N.V. And gave the stock a purchase rating in a research notice on Monday, May twenty-second. BidaskClub raised stocks of Fiat Chrysler Automobiles N.V. From a sold score to a preserve rating in studies be aware on Friday, June twenty-third. Finally, Kepler Capital Markets raised shares of Fiat Chrysler Automobiles N.V. From a keep rating to a purchasing score in studies, be aware on Friday, July 28th. One research analyst has rated the stock with a promote rating, six have issued a preserve score, six have issued a purchase rating, and one has issued a strong buy rating to the company’s inventory. Fiat Chrysler Automobiles N.V. Presently has a median score of Buy and an average charge target of $15.41.

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Get Fiat Chrysler Automobiles N.V. Indicators:

Enter Your Email Address Submit Fiat Chrysler Automobiles N.V. (FCAU) opened at 15.Fifty-three on Monday. The inventory has a market capitalization of $23.87 billion, a rate-to-income ratio of seven.21 and a beta of one. Sixty-seven. Fiat Chrysler Automobiles N.V. Has 12 months low of $6.05 and three hundred and sixty-five days excessive of $16.03. The business enterprise’s 50-day moving average is $12.89, and its two hundred days moving common is $11.38.

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Fiat Chrysler Automobiles N.V. (NYSE: FCAU) ultimately announced its income outcomes on Thursday, July 27th. The company mentioned $0.Seventy-six income in keeping with the share for the area, topping the consensus estimate of $0.Fifty-nine by way of $zero.17. Fiat Chrysler Automobiles N.V. Had an internet margin of two., 51%, and a return on equity of 15.Sixty-nine%. The firm had revenue of $27.93 billion for the sector, compared to the consensus estimate of $29.24 billion. During the same period in the earlier 12 months, the firm earned $zero.45 EPS. The firm’s sales for the zone become up .1% on a 12 months-over-12 months basis. Equities analysts expect that Fiat Chrysler Automobiles N.V. Will post $2.Sixty-four EPS for the current 12 months.

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Several institutional buyers have lately changed their holdings of the company. Zweig DiMenna Associates LLC boosted its holdings in stocks of Fiat Chrysler Automobiles N.V. Through 2.Zero% in the 2d zone. Zweig DiMenna Associates LLC now owns 15,200 stocks of the business enterprise’s stock worth $162,000 after shopping for an additional three hundred shares within the ultimate zone. Raymond James Financial Services Advisors Inc. boosted its holdings in stocks of Fiat Chrysler Automobiles N.V. By way of 0.4% within the 1st area. Raymond James Financial Services Advisors Inc. Now owns 102,728 shares of the business enterprise’s stock worth $1,123,000 after buying extra 400 stocks within the final region.

Cambridge Investment Research Advisors Inc. boosted its holdings in Fiat Chrysler Automobiles N.V. By 3.4% within the 2d area. Cambridge Investment Research Advisors Inc. Now owns 13,222 stocks of the enterprise’s stock valued at $141,000 after shopping for additional 430 stocks in the final area. Greenleaf Trust boosted its holdings in shares of Fiat Chrysler Automobiles N.V. By way of 3.2% within the second zone. Greenleaf Trust now owns 17,251 shares of the business enterprise’s inventory valued at $183,000 after shopping for a further 542 shares within the remaining region. Finally, US Bancorp DE boosted its holdings in shares of Fiat Chrysler Automobiles N.V. By way of five.7% inside the 1st sector. US Bancorp DE now owns 10,892 shares of the corporation’s stock worth $120,000 after shopping for extra 589 stocks inside the final quarter. Institutional investors and hedge price range personal 28.Seventy-eight% of the organization’s stock.

About Fiat Chrysler Automobiles N.V.

Fiat Chrysler Automobiles N.V., collectively with its subsidiaries, designs, engineers, manufactures, distributes, and sells motors, components, and production structures. The organization operates via six segments: NAFTA, LATAM, APAC, EMEA, Maserati, and Components. It gives passenger motors, light vans, and light commercial vehicles below the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram emblem names; and luxury automobiles underneath the Maserati emblem, as well as related service components and add-ons, and service contracts beneath the Mopar logo.

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