Vetr upgraded shares of Fiat Chrysler Automobiles NV (NYSE:FCAU) from a buy rating to a strong-buy rating in a report issued on Wednesday morning. Vetr currently has $7.32 target price on the stock.

Several other research analysts have also commented on FCAU. Morgan Stanley began coverage on Fiat Chrysler Automobiles NV in a report on Thursday, August 25th. They set an outperform rating for the company. Zacks Investment Research lowered Fiat Chrysler Automobiles NV from a hold rating to a strong sell rating in a research note on Tuesday, June 28th. Goldman Sachs Group Inc. lowered Fiat Chrysler Automobiles NV from a conviction-buy rating to a buy rating in a research note on Monday, June 27th. Barclays PLC lowered Fiat Chrysler Automobiles NV from an overweight rating to an underweight rating and cut their target price for the stock from $10.00 to $5.50 in a research note on Wednesday, July 6th. Finally, Jefferies Group began coverage on Fiat Chrysler Automobiles NV in a research note on Tuesday, August 9th. They issued a buy rating for the company. Six analysts have rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of Hold and an average target price of $7.71.

Fiat Chrysler Automobiles NV (NYSE:FCAU) opened at 6.36 on Wednesday. Fiat Chrysler Automobiles NV has a 12-month low of $5.45 and a 12-month high of $10.86. The company has a market cap of $8.20 billion, a price-to-earnings ratio of 12.21 and a beta of 1.81. The firm’s 50-day moving average is $6.57 and its 200 day moving average is $6.94.

Fiat Chrysler Automobiles NV (NYSE:FCAU) last issued its quarterly earnings data on Wednesday, July 27th. The company reported $0.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.02. Fiat Chrysler Automobiles NV had a return on equity of 16.12% and a net margin of 0.67%. The company earned $27.89 billion during the quarter, compared to analyst estimates of $28.89 billion. During the same quarter in the previous year, the firm earned $0.29 earnings per share. Fiat Chrysler Automobiles NV’s revenue was down 2.3% on a year-over-year basis. On average, equities analysts expect that Fiat Chrysler Automobiles NV will post $1.60 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in FCAU. BLB&B Advisors LLC acquired a new stake in Fiat Chrysler Automobiles NV during the second quarter valued at approximately $100,000. Cambridge Investment Research Advisors Inc. boosted its stake in Fiat Chrysler Automobiles NV by 19.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 17,364 shares of the company’s stock valued at $106,000 after buying an additional 2,830 shares during the period. Tower Research Capital LLC TRC boosted its stake in Fiat Chrysler Automobiles NV by 307.8% in the second quarter. Tower Research Capital LLC TRC now owns 18,675 shares of the company’s stock valued at $114,000 after buying an additional 14,096 shares during the period. Creative Planning boosted its stake in Fiat Chrysler Automobiles NV by 11.9% in the third quarter. Creative Planning now owns 18,293 shares of the company’s stock valued at $117,000 after buying an additional 1,940 shares during the period. Finally, Norman Fields Gottscho Capital Management LLC acquired a new stake in Fiat Chrysler Automobiles NV during the third quarter valued at approximately $124,000. 26.64% of the stock is currently owned by hedge funds and other institutional investors.

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