Credit Suisse Begins Coverage on Fiat S.p.A. (FIATY)
Investment analysts at Credit Suisse started coverage on shares of Fiat S.p.A. (NASDAQ:FIATY) in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set an “underperform” rating on the stock.
Separately, analysts at Sanford C. Bernstein downgraded shares of Fiat S.p.A. from a “market perform” rating to an “underperform” rating in a research note on Thursday, May 29th.
Shares of Fiat S.p.A. (NASDAQ:FIATY) opened at 9.91 on Tuesday. Fiat S.p.A. has a 52-week low of $7.16 and a 52-week high of $12.50. The stock has a 50-day moving average of $9.95 and a 200-day moving average of $10.62. The company has a market cap of $12.054 billion and a price-to-earnings ratio of 10.75.
Fiat S.p.A. (NASDAQ:FIATY) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.22 EPS for the quarter.
Fiat SpA is an Italy-based company active in the automobile sector. The Company designs, produces and sells cars under the Fiat, Lancia, Alfa Romeo, Fiat Professional, Abarth, Ferrari, Maserati, Chrysler, Dodge, Jeep and Ram Truck brands.
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