Fiat Chrysler Automobiles NV (FCAU) Given Average Recommendation of “Buy” by Brokerages
Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU) have received a consensus rating of “Buy” from the sixteen research firms that are covering the company, MarketBeat reports. Six research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $23.16.
A number of research analysts recently commented on the company. Exane BNP Paribas upgraded Fiat Chrysler Automobiles from a “neutral” rating to an “outperform” rating in a report on Wednesday, September 12th. Zacks Investment Research cut Fiat Chrysler Automobiles from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 26th. Jefferies Financial Group reiterated a “buy” rating and issued a $22.00 price objective on shares of Fiat Chrysler Automobiles in a report on Friday, July 27th. Societe Generale upgraded Fiat Chrysler Automobiles from a “hold” rating to a “buy” rating in a report on Monday, November 5th. Finally, BNP Paribas upgraded Fiat Chrysler Automobiles from a “neutral” rating to an “outperform” rating in a report on Wednesday, September 12th.
Shares of Fiat Chrysler Automobiles stock opened at $16.26 on Friday. Fiat Chrysler Automobiles has a 1-year low of $14.97 and a 1-year high of $24.95. The company has a market cap of $32.35 billion, a PE ratio of 5.98, a P/E/G ratio of 0.19 and a beta of 1.92. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.58 and a current ratio of 0.86.
Fiat Chrysler Automobiles Company Profile
Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through six segments: NAFTA, LATAM, APAC, EMEA, Maserati, and Components. It provides passenger cars, trucks, and light commercial vehicles under the Jeep, Ram, Dodge, Chrysler, Fiat, Fiat Professional, Alfa Romeo, and Abarth brands; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.
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