Evercore ISI upgraded shares of Fiat Chrysler Automobiles NV (NYSE:FCAU) from a sell rating to a buy rating in a research note published on Monday morning.

Several other brokerages have also issued reports on FCAU. Vetr lowered shares of Fiat Chrysler Automobiles NV from a sell rating to a strong sell rating and set a $6.38 target price for the company. in a research report on Monday, November 14th. Berenberg Bank assumed coverage on shares of Fiat Chrysler Automobiles NV in a research report on Tuesday, November 22nd. They set a hold rating for the company. Zacks Investment Research upgraded shares of Fiat Chrysler Automobiles NV from a strong sell rating to a hold rating in a research report on Tuesday, November 15th. Morgan Stanley initiated coverage on shares of Fiat Chrysler Automobiles NV in a research note on Thursday, August 25th. They set an outperform rating on the stock. Finally, Jefferies Group initiated coverage on shares of Fiat Chrysler Automobiles NV in a research note on Tuesday, August 9th. They set a buy rating on the stock. Six analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The stock presently has an average rating of Hold and an average target price of $7.47.

Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU) opened at 7.65 on Monday. The company has a market capitalization of $9.86 billion, a price-to-earnings ratio of 6.87 and a beta of 1.65. The stock has a 50 day moving average of $6.98 and a 200-day moving average of $6.76. Fiat Chrysler Automobiles NV has a 1-year low of $5.45 and a 1-year high of $9.51.

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A number of hedge funds have recently added to or reduced their stakes in FCAU. BLB&B Advisors LLC bought a new stake in Fiat Chrysler Automobiles NV during the second quarter valued at $100,000. Advisor Group Inc. boosted its stake in Fiat Chrysler Automobiles NV by 24.7% in the third quarter. Advisor Group Inc. now owns 15,949 shares of the company’s stock valued at $101,000 after buying an additional 3,160 shares during the period. 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. Finally, 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. Institutional investors and hedge funds own 26.12% of the company’s stock.

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