Fiat Chrysler (NYSE: FCAU) Was upgraded by analysts for investment in ValuEngine from "sell" rating to "hold" rating in a note issued to investors on Monday, October 22.
FCAU has been the subject of a number of other research reports. Zacks Investment Research downgraded Fiat Chrysler's stake from Strong to Strongly in a research note on Wednesday, September 26th. The Paris-based financial group raised Fiat Chrysler shares from a Buy-to-Buy rating and set a target price of $ 23 per share in a research note on Thursday, July 5. They noted that the move was a talk of appreciation. Exane BNP Paribas raised Fiat Chrysler's shares from neutral to outperform in a research note on Wednesday, September 12. BNP Paribas has raised shares of Fiat Chrysler vehicles from a "Neutral" rating for "outperform" ranking in a research note on Wednesday, September 12th. Finally, the UBS Group raised shares of Fiat Chrysler vehicles from a "neutral" rating to a "buy" rating in a research note on Tuesday, July 10. Six research stocks analysts rated the stock with a holding rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of "Buy" and the average target price of $ 23.80.
Fiat Chrysler Automotive shares opened at $ 16.45 on Monday. The company has a capital ratio of 0.45, a fast ratio of 0.58, and a current ratio of 0.86. Fiat Chrysler vehicles have a fifty-two week low of $ 14.97 and a 52 week high of $ 24.95. The company has a market value of $ 32.20 billion, a P / E ratio of 6.05, a PEG ratio of 0.20 and a beta of 1.92.
A number of institutional investors and hedge funds recently changed their holdings in shares. AQR Capital Management LLC increased its stake in Fiat Chrysler Automobiles by 1.5% during the third quarter. AQR Capital Management LLC now holds 14,411,095 shares of the company valued at $ 253.488 million after the purchase of 218,659 additional shares during the last quarter. Allianz Properties Management GmbH increased its holdings in Fiat Chrysler vehicles by 4.3% during the third quarter. Alianz Asset Management GmbH currently holds 5,569,131 shares of the company valued at $ 97,516,000 after acquiring 229,873 additional shares during the last quarter. Bank of New York Corp. Corp increased its stake in Fiat Chrysler Automobiles by 10.0% in the third quarter. Bank of New York Hotel Corp. now holds 5,349,623 shares of the company valued at $ 93,672,000 after the acquisition of 487,899 additional shares during the last quarter. The Swiss National Bank increased its stake in Fiat Chrysler Automobile by 0.7% during the second quarter. The Swiss National Bank now holds 5,116,133 shares of the company's stock valued at $ 97,293,000 after the acquisition of 36,424 additional shares during the last quarter. Finally, North Trust Corp increased its stake in Fiat Chrysler Automobiles by 1.9% during the second quarter. North Trust Corp currently holds 3,696,112 shares of the company, valued at $ 69,820,000 after acquiring 68,129 additional shares during the last quarter. Institutional investors and hedge funds hold 25.95% of the company's shares.
About Fiat Chrysler cars
Fiat Chrysler Automotive PS, together with its subsidiaries, designs, engineers, manufactures, distributes and sells vehicles, components and production systems. The company operates through six sectors: NAFTA, LATAM, APAC, EMEA, Maserati, and Components. It provides passenger cars, trucks and light commercial vehicles under Jeep, Ram, Dodge, Chrysler, Fiat, Fiat Professional, Alfa Romeo, Ibra brands; Luxury car under the Maserati brand, as well as service parts and accessories, and service contracts under the Mopar brand.
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