BNP Paribas upgraded shares of Fiat Chrysler Automobiles (NYSE:FCAU) from an underperform rating to a neutral rating in a report released on Friday morning, MarketBeat.com reports.

Several other research analysts have also recently issued reports on FCAU. BidaskClub upgraded shares of Fiat Chrysler Automobiles from a buy rating to a strong-buy rating in a report on Thursday, September 28th. Jefferies Group reiterated a buy rating and issued a $19.00 price objective on shares of Fiat Chrysler Automobiles in a report on Monday, October 16th. Zacks Investment Research upgraded shares of Fiat Chrysler Automobiles from a hold rating to a strong-buy rating and set a $19.00 price objective for the company in a report on Monday, October 23rd. Bank of America set a $19.00 price objective on shares of Fiat Chrysler Automobiles and gave the company a hold rating in a report on Wednesday, October 25th. Finally, Citigroup upgraded shares of Fiat Chrysler Automobiles from a sell rating to a neutral rating and increased their price objective for the company from $6.87 to $18.33 in a report on Friday, November 10th. Six equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of $16.67.

Fiat Chrysler Automobiles (NYSE:FCAU) opened at $23.93 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.77 and a debt-to-equity ratio of 0.59. The stock has a market cap of $36,787.45, a P/E ratio of 10.73, a PEG ratio of 0.43 and a beta of 1.63. Fiat Chrysler Automobiles has a 1-year low of $9.60 and a 1-year high of $23.94.

Fiat Chrysler Automobiles (NYSE:FCAU) last posted its quarterly earnings data on Tuesday, October 24th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.16. Fiat Chrysler Automobiles had a net margin of 2.81% and a return on equity of 16.08%. analysts anticipate that Fiat Chrysler Automobiles will post 2.69 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. boosted its holdings in Fiat Chrysler Automobiles by 3.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 13,222 shares of the company’s stock worth $141,000 after buying an additional 430 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Fiat Chrysler Automobiles by 0.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 103,198 shares of the company’s stock worth $1,088,000 after buying an additional 470 shares in the last quarter. Stifel Financial Corp boosted its holdings in Fiat Chrysler Automobiles by 2.1% during the second quarter. Stifel Financial Corp now owns 29,360 shares of the company’s stock worth $311,000 after buying an additional 592 shares in the last quarter. Cetera Investment Advisers boosted its stake in Fiat Chrysler Automobiles by 15.0% in the 2nd quarter. Cetera Investment Advisers now owns 14,074 shares of the company’s stock worth $148,000 after purchasing an additional 1,840 shares during the period. Finally, Lorber David A boosted its stake in Fiat Chrysler Automobiles by 38.3% in the 3rd quarter. Lorber David A now owns 11,844 shares of the company’s stock worth $212,000 after purchasing an additional 3,279 shares during the period. Hedge funds and other institutional investors own 31.22% of the company’s stock.

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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, 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 (NYSE:FCAU)

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