Fiat Chrysler Automobiles N.V. (NYSE:FCAU) was upgraded by Citigroup Inc. from a “sell” rating to a “neutral” rating in a research note issued on Friday. The firm presently has a $18.33 price objective on the stock, up from their previous price objective of $6.87. Citigroup Inc.’s price target would indicate a potential upside of 6.14% from the company’s previous close.

FCAU has been the subject of a number of other reports. Kepler Capital Markets upgraded shares of Fiat Chrysler Automobiles N.V. from a “hold” rating to a “buy” rating in a research report on Friday, July 28th. Jefferies Group LLC restated a “buy” rating and set a $19.00 price target on shares of Fiat Chrysler Automobiles N.V. in a research report on Monday, October 16th. Zacks Investment Research upgraded shares of Fiat Chrysler Automobiles N.V. from a “hold” rating to a “strong-buy” rating and set a $19.00 price target for the company in a research report on Monday, October 23rd. Bank of America Corporation upgraded shares of Fiat Chrysler Automobiles N.V. from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $9.00 to $18.00 in a research report on Monday, August 28th. Finally, Morgan Stanley restated an “overweight” rating and set a $14.00 price target on shares of Fiat Chrysler Automobiles N.V. in a research report on Monday, July 17th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $16.15.

Shares of Fiat Chrysler Automobiles N.V. (FCAU) opened at $17.27 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.48 and a debt-to-equity ratio of 0.59. Fiat Chrysler Automobiles N.V. has a 1-year low of $6.87 and a 1-year high of $18.33. The stock has a market cap of $26,549.07, a price-to-earnings ratio of 7.51, a price-to-earnings-growth ratio of 0.32 and a beta of 1.68.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Zweig DiMenna Associates LLC raised its stake in shares of Fiat Chrysler Automobiles N.V. by 2.0% during the second quarter. Zweig DiMenna Associates LLC now owns 15,200 shares of the company’s stock valued at $162,000 after acquiring an additional 300 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of Fiat Chrysler Automobiles N.V. by 3.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 13,222 shares of the company’s stock valued at $141,000 after acquiring an additional 430 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of Fiat Chrysler Automobiles N.V. by 0.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 103,198 shares of the company’s stock valued at $1,088,000 after acquiring an additional 470 shares during the last quarter. Greenleaf Trust raised its stake in shares of Fiat Chrysler Automobiles N.V. by 3.2% during the second quarter. Greenleaf Trust now owns 17,251 shares of the company’s stock valued at $183,000 after acquiring an additional 542 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in shares of Fiat Chrysler Automobiles N.V. by 2.1% during the second quarter. Stifel Financial Corp now owns 29,360 shares of the company’s stock valued at $311,000 after acquiring an additional 592 shares during the last quarter. Institutional investors and hedge funds own 29.55% of the company’s stock.

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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