Fiat Chrysler Automobiles (FCAU) Downgraded by ValuEngine to “Buy”
Fiat Chrysler Automobiles (NYSE:FCAU) was downgraded by research analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a report released on Friday.
A number of other equities research analysts have also weighed in on the stock. Morgan Stanley lifted their target price on shares of Fiat Chrysler Automobiles from $14.00 to $18.00 and gave the company an “overweight” rating in a research note on Tuesday, November 21st. BidaskClub lowered shares of Fiat Chrysler Automobiles from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 14th. Citigroup raised shares of Fiat Chrysler Automobiles from a “sell” rating to a “neutral” rating and lifted their target price for the company from $6.87 to $18.33 in a research note on Friday, November 10th. Zacks Investment Research lowered shares of Fiat Chrysler Automobiles from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th. Finally, Bank of America set a $19.00 target price on shares of Fiat Chrysler Automobiles and gave the company a “hold” rating in a research note on Wednesday, October 25th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $16.65.
Shares of Fiat Chrysler Automobiles (NYSE:FCAU) traded down $0.01 on Friday, hitting $17.09. 4,373,890 shares of the stock were exchanged, compared to its average volume of 2,296,465. The company has a market cap of $26,272.35, a price-to-earnings ratio of 7.43, a price-to-earnings-growth ratio of 0.35 and a beta of 1.64. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.48. Fiat Chrysler Automobiles has a 52-week low of $7.58 and a 52-week high of $18.33.
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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, 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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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