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

Analyst Recommendations for Fiat Chrysler Automobiles NV (NYSE:FCAU)

FCAU has been the subject of several other research reports. Morgan Stanley started coverage on Fiat Chrysler Automobiles NV in a research note on Thursday, August 25th. They set an outperform rating for the company. Jefferies Group started coverage on Fiat Chrysler Automobiles NV in a research note on Tuesday, August 9th. They set a buy rating for the company. Zacks Investment Research lowered Fiat Chrysler Automobiles NV from a strong-buy rating to a hold rating in a research note on Wednesday, May 25th. 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. Finally, Barclays PLC lowered Fiat Chrysler Automobiles NV from an overweight rating to an underweight rating and dropped their price target for the stock from $10.00 to $5.50 in a research note on Wednesday, July 6th. Five investment analysts have rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of Hold and an average target price of $7.71.

Fiat Chrysler Automobiles NV (NYSE:FCAU) opened at 6.41 on Wednesday. The firm has a 50-day moving average price of $6.74 and a 200-day moving average price of $7.08. The firm has a market cap of $8.26 billion, a PE ratio of 12.23 and a beta of 1.80. Fiat Chrysler Automobiles NV has a one year low of $5.45 and a one year high of $10.89.

Fiat Chrysler Automobiles NV (NYSE:FCAU) last issued its quarterly earnings results on Wednesday, July 27th. The company reported $0.45 earnings per share (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 firm earned $27.89 billion during the quarter, compared to analyst estimates of $28.89 billion. During the same quarter in the previous year, the company posted $0.29 earnings per share. The company’s revenue was down 2.3% compared to the same quarter last year. On average, equities analysts expect that Fiat Chrysler Automobiles NV will post $1.62 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of Fiat Chrysler Automobiles NV by 0.3% in the second quarter. Vanguard Group Inc. now owns 19,300,562 shares of the company’s stock worth $118,120,000 after buying an additional 48,701 shares in the last quarter. Emerald Acquisition Ltd. acquired a new position in shares of Fiat Chrysler Automobiles NV during the second quarter worth about $95,871,000. AQR Capital Management LLC increased its position in shares of Fiat Chrysler Automobiles NV by 1.3% in the second quarter. AQR Capital Management LLC now owns 10,949,196 shares of the company’s stock worth $66,841,000 after buying an additional 141,707 shares in the last quarter. Swiss National Bank increased its position in shares of Fiat Chrysler Automobiles NV by 3.3% in the second quarter. Swiss National Bank now owns 6,071,809 shares of the company’s stock worth $37,038,000 after buying an additional 195,844 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec increased its position in shares of 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 worth $34,513,000 after buying an additional 3,416,577 shares in the last quarter. Institutional investors own 26.64% of the company’s stock.

About Fiat Chrysler Automobiles NV

5 Day Chart for NYSE:FCAU

Receive News & Ratings for Fiat Chrysler Automobiles NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiat Chrysler Automobiles NV and related companies with Analyst Ratings Network's FREE daily email newsletter.