ValuEngine lowered shares of Fiat Chrysler Automobiles (NYSE:FCAU) from a hold rating to a sell rating in a research note released on Thursday morning.

Other analysts have also issued reports about the stock. Jefferies Financial Group reiterated a buy rating and issued a $22.00 price target on shares of Fiat Chrysler Automobiles in a research note on Friday, July 27th. UBS Group upgraded shares of Fiat Chrysler Automobiles from a neutral rating to a buy rating in a research note on Tuesday, July 10th. HSBC assumed coverage on shares of Fiat Chrysler Automobiles in a report on Tuesday, May 22nd. They issued a buy rating on the stock. Zacks Investment Research downgraded shares of Fiat Chrysler Automobiles from a strong-buy rating to a hold rating in a report on Wednesday, May 16th. Finally, MED raised shares of Fiat Chrysler Automobiles to a neutral rating in a report on Friday, May 25th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of Hold and an average price target of $22.52.

Shares of FCAU stock opened at $16.56 on Thursday. Fiat Chrysler Automobiles has a 52 week low of $15.33 and a 52 week high of $24.95. The company has a market capitalization of $32.28 billion, a PE ratio of 6.09, a P/E/G ratio of 0.18 and a beta of 1.90. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.82 and a quick ratio of 0.53.

Fiat Chrysler Automobiles (NYSE:FCAU) last announced its quarterly earnings results on Wednesday, July 25th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.37). Fiat Chrysler Automobiles had a return on equity of 19.01% and a net margin of 3.14%. The company had revenue of $28.99 billion during the quarter, compared to the consensus estimate of $28.99 billion. During the same quarter in the prior year, the firm earned $0.69 earnings per share. The business’s revenue was up 3.8% compared to the same quarter last year. equities research analysts anticipate that Fiat Chrysler Automobiles will post 3.63 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Amundi Pioneer Asset Management Inc. boosted its holdings in shares of Fiat Chrysler Automobiles by 71.8% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 16,412,230 shares of the company’s stock worth $336,780,000 after buying an additional 6,860,407 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Fiat Chrysler Automobiles by 115.7% during the first quarter. JPMorgan Chase & Co. now owns 11,667,898 shares of the company’s stock valued at $239,425,000 after purchasing an additional 6,259,352 shares in the last quarter. PointState Capital LP purchased a new position in Fiat Chrysler Automobiles during the first quarter valued at approximately $115,336,000. Swiss National Bank lifted its holdings in Fiat Chrysler Automobiles by 0.7% during the second quarter. Swiss National Bank now owns 5,116,133 shares of the company’s stock valued at $97,293,000 after purchasing an additional 36,424 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its holdings in Fiat Chrysler Automobiles by 30.4% during the first quarter. Allianz Asset Management GmbH now owns 4,948,058 shares of the company’s stock valued at $101,534,000 after purchasing an additional 1,154,184 shares in the last quarter. 25.97% of the stock is currently owned by institutional investors.

Fiat Chrysler Automobiles 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, trucks, and light commercial vehicles under the Jeep, Ram, Dodge, Chrysler, Fiat, Fiat Professional, Alfa Romeo, and Abarth brands; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.

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Analyst Recommendations for Fiat Chrysler Automobiles (NYSE:FCAU)

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