Kepler Capital Markets upgraded shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU) from a hold rating to a buy rating in a research note published on Friday.

Several other analysts have also recently issued reports on the stock. Morgan Stanley reissued 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. BidaskClub raised shares of Fiat Chrysler Automobiles N.V. from a sell rating to a hold rating in a research report on Friday, June 23rd. Zacks Investment Research cut shares of Fiat Chrysler Automobiles N.V. from a buy rating to a hold rating in a research report on Tuesday, June 20th. Bank of America Corp reissued an underperform rating and set a $9.00 price target (down previously from $10.00) on shares of Fiat Chrysler Automobiles N.V. in a research report on Friday, June 16th. Finally, Jefferies Group LLC set a $14.00 price target on shares of Fiat Chrysler Automobiles N.V. and gave the stock a buy rating in a research report on Monday, May 22nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Fiat Chrysler Automobiles N.V. has an average rating of Hold and an average target price of $12.55.

Fiat Chrysler Automobiles N.V. (FCAU) traded up 0.25% during mid-day trading on Friday, hitting $12.12. 4,985,054 shares of the stock were exchanged. The stock has a market capitalization of $18.63 billion, a PE ratio of 5.66 and a beta of 1.67. Fiat Chrysler Automobiles N.V. has a 52 week low of $6.01 and a 52 week high of $12.17. The company has a 50-day moving average of $11.28 and a 200-day moving average of $10.91.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last issued its quarterly earnings results on Thursday, July 27th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.17. The business had revenue of $27.93 billion for the quarter, compared to analysts’ expectations of $29.24 billion. Fiat Chrysler Automobiles N.V. had a net margin of 2.51% and a return on equity of 15.94%. The business’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.45 earnings per share. On average, equities analysts predict that Fiat Chrysler Automobiles N.V. will post $2.52 EPS for the current fiscal year.

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Hedge funds have recently added to or reduced their stakes in the company. Investment Centers of America Inc. purchased a new stake in Fiat Chrysler Automobiles N.V. during the first quarter worth $110,000. FormulaFolio Investments LLC purchased a new stake in Fiat Chrysler Automobiles N.V. during the first quarter worth $114,000. CAPROCK Group Inc. purchased a new stake in Fiat Chrysler Automobiles N.V. during the first quarter worth $115,000. US Bancorp DE raised its stake 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. Finally, Oppenheimer & Co. Inc. purchased a new stake in Fiat Chrysler Automobiles N.V. during the first quarter worth $124,000. Hedge funds and other institutional investors own 29.29% of the company’s stock.

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

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