Fiat Chrysler Automobiles N.V. (NYSE:FCAU) had its target price hoisted by Jefferies Group LLC from $14.00 to $19.00 in a research report sent to investors on Wednesday, MarketBeat.com reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also recently issued reports on FCAU. Zacks Investment Research cut Fiat Chrysler Automobiles N.V. from a hold rating to a sell rating in a research note on Wednesday, August 16th. Morgan Stanley dropped their price objective on Fiat Chrysler Automobiles N.V. from $15.00 to $14.00 and set an overweight rating on the stock in a research note on Friday, June 9th. BidaskClub upgraded Fiat Chrysler Automobiles N.V. from a sell rating to a hold rating in a research note on Friday, June 23rd. Kepler Capital Markets upgraded Fiat Chrysler Automobiles N.V. from a hold rating to a buy rating in a research note on Friday, July 28th. Finally, Bank of America Corporation reiterated an underperform rating and set a $9.00 price objective (down previously from $10.00) on shares of Fiat Chrysler Automobiles N.V. in a research note on Friday, June 16th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. Fiat Chrysler Automobiles N.V. presently has an average rating of Buy and a consensus target price of $14.13.

Shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU) opened at 14.85 on Wednesday. The stock has a market capitalization of $22.83 billion, a P/E ratio of 6.87 and a beta of 1.72. The company has a 50-day moving average of $12.26 and a 200-day moving average of $11.20. Fiat Chrysler Automobiles N.V. has a 12-month low of $6.05 and a 12-month high of $15.06.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last released its earnings results on Thursday, July 27th. The company reported $0.76 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.59 by $0.17. The firm had revenue of $27.93 billion for the quarter, compared to analysts’ expectations of $29.24 billion. Fiat Chrysler Automobiles N.V. had a return on equity of 15.69% and a net margin of 2.51%. The business’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.45 EPS. Equities analysts expect that Fiat Chrysler Automobiles N.V. will post $2.61 earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently bought and sold shares of the company. Investment Centers of America Inc. acquired a new position in Fiat Chrysler Automobiles N.V. during the first quarter worth $110,000. FormulaFolio Investments LLC acquired a new position in Fiat Chrysler Automobiles N.V. during the first quarter worth $114,000. CAPROCK Group Inc. acquired a new position in Fiat Chrysler Automobiles N.V. during the first quarter worth $115,000. Ballentine Partners LLC acquired a new position in Fiat Chrysler Automobiles N.V. during the second quarter worth $117,000. Finally, US Bancorp DE raised its position in Fiat Chrysler Automobiles N.V. by 5.7% in the first quarter. US Bancorp DE now owns 10,892 shares of the company’s stock worth $120,000 after buying an additional 589 shares during the last quarter. 29.28% of the stock is currently owned by institutional investors and hedge funds.

Fiat Chrysler Automobiles N.V. 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.

Analyst Recommendations for Fiat Chrysler Automobiles N.V. (NYSE:FCAU)

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