Fiat Chrysler Automobiles N.V. (FCAU) Given a $19.00 Price Target at Bank of America Corporation

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) has been assigned a $19.00 price objective by analysts at Bank of America Corporation in a report issued on Wednesday, October 25th. The brokerage currently has a “hold” rating on the stock. Bank of America Corporation’s price target indicates a potential upside of 10.02% from the stock’s previous close.

A number of other research firms have also issued reports on FCAU. Zacks Investment Research lowered Fiat Chrysler Automobiles N.V. from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Barclays PLC raised Fiat Chrysler Automobiles N.V. from an “equal weight” rating to an “overweight” rating and reduced their price target for the company from $15.53 to $10.00 in a research report on Wednesday, September 6th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Fiat Chrysler Automobiles N.V. in a research report on Thursday, September 7th. BidaskClub lowered Fiat Chrysler Automobiles N.V. from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 7th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $14.00 price target on shares of Fiat Chrysler Automobiles N.V. in a research report on Monday, July 17th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $16.15.



Fiat Chrysler Automobiles N.V. (NYSE FCAU) opened at $17.27 on Wednesday. Fiat Chrysler Automobiles N.V. has a twelve month low of $6.87 and a twelve month high of $18.33. The company has a market capitalization of $26,303.10, a PE ratio of 7.44, a P/E/G ratio of 0.32 and a beta of 1.68. The company has a current ratio of 0.77, a quick ratio of 0.48 and a debt-to-equity ratio of 0.59.

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Several hedge funds have recently made changes to their positions in the business. Baillie Gifford & Co. grew its stake in shares of Fiat Chrysler Automobiles N.V. by 18.2% in the 3rd quarter. Baillie Gifford & Co. now owns 79,791,751 shares of the company’s stock valued at $1,430,041,000 after purchasing an additional 12,275,873 shares during the last quarter. Harris Associates L P grew its stake in shares of Fiat Chrysler Automobiles N.V. by 0.4% in the 2nd quarter. Harris Associates L P now owns 56,811,079 shares of the company’s stock valued at $603,902,000 after purchasing an additional 215,789 shares during the last quarter. FMR LLC grew its stake in shares of Fiat Chrysler Automobiles N.V. by 5.8% in the 2nd quarter. FMR LLC now owns 28,957,759 shares of the company’s stock valued at $306,684,000 after purchasing an additional 1,580,544 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Fiat Chrysler Automobiles N.V. by 9.2% in the 2nd quarter. Vanguard Group Inc. now owns 27,193,557 shares of the company’s stock valued at $289,068,000 after purchasing an additional 2,299,117 shares during the last quarter. Finally, Dalal Street LLC grew its stake in shares of Fiat Chrysler Automobiles N.V. by 1.4% in the 2nd quarter. Dalal Street LLC now owns 13,109,310 shares of the company’s stock valued at $139,352,000 after purchasing an additional 187,180 shares during the last quarter. Institutional investors own 29.55% of the company’s stock.

Fiat Chrysler Automobiles N.V. 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, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.

Analyst Recommendations for Fiat Chrysler Automobiles N.V. (NYSE:FCAU)

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