Zacks Investment Research upgraded shares of Fiat Chrysler Automobiles NV (NYSE:FCAU) from a strong sell rating to a hold rating in a research note published on Tuesday.

According to Zacks, “Fiat Chrysler Automobiles NV operates as an international automotive company. It is engaged in designing, engineering, manufacturing, distributing and selling vehicles and components and production systems. The Company operates under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands. It also produces metallurgical products and production systems for the automobile industry, and owns publishing and insurance companies. Fiat Chrysler Automobiles NV is based in United Kingdom. “

A number of other equities analysts have also issued reports on FCAU. Vetr lowered shares of Fiat Chrysler Automobiles NV from a hold rating to a sell rating and set a $6.75 target price on the stock. in a research report on Monday, November 7th. Goldman Sachs Group Inc. restated a buy rating on shares of Fiat Chrysler Automobiles NV in a research report on Wednesday, October 26th. Morgan Stanley assumed coverage on shares of Fiat Chrysler Automobiles NV in a research report on Thursday, August 25th. They set an outperform rating on the stock. Finally, Jefferies Group assumed coverage on shares of Fiat Chrysler Automobiles NV in a research report on Tuesday, August 9th. They set a buy rating on the stock. Six investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of $7.47.

Fiat Chrysler Automobiles NV (NYSE:FCAU) traded up 0.80% during trading on Tuesday, reaching $7.58. 6,731,242 shares of the company’s stock were exchanged. Fiat Chrysler Automobiles NV has a 52 week low of $5.45 and a 52 week high of $9.51. The firm has a market capitalization of $9.77 billion, a price-to-earnings ratio of 6.55 and a beta of 1.65. The stock has a 50-day moving average price of $6.64 and a 200 day moving average price of $6.81.

A number of large investors have recently added to or reduced their stakes in FCAU. Emerald Acquisition Ltd. acquired a new stake in Fiat Chrysler Automobiles NV during the second quarter worth approximately $95,871,000. Caisse DE Depot ET Placement DU Quebec increased its position in Fiat Chrysler Automobiles NV by 152.7% in the second quarter. Caisse DE Depot ET Placement DU Quebec now owns 5,653,462 shares of the company’s stock valued at $34,513,000 after buying an additional 3,416,577 shares during the period. DekaBank Deutsche Girozentrale increased its position in Fiat Chrysler Automobiles NV by 561.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 2,768,792 shares of the company’s stock valued at $16,776,000 after buying an additional 2,350,110 shares during the period. AJO LP increased its position in Fiat Chrysler Automobiles NV by 9,985.9% in the second quarter. AJO LP now owns 2,144,070 shares of the company’s stock valued at $13,122,000 after buying an additional 2,122,812 shares during the period. Finally, FMR LLC increased its position in Fiat Chrysler Automobiles NV by 398.4% in the second quarter. FMR LLC now owns 1,051,100 shares of the company’s stock valued at $6,470,000 after buying an additional 840,200 shares during the period. 26.39% of the stock is owned by institutional investors.

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