Jefferies Group LLC reissued their buy rating on shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU) in a report released on Monday morning. They currently have a $19.00 price objective on the stock.

Other equities research analysts have also recently issued reports about the company. Kepler Capital Markets upgraded Fiat Chrysler Automobiles N.V. from a hold rating to a buy rating in a research report on Friday, July 28th. BidaskClub cut Fiat Chrysler Automobiles N.V. from a strong-buy rating to a buy rating in a research report on Saturday, October 7th. Deutsche Bank AG restated a hold rating on shares of Fiat Chrysler Automobiles N.V. in a research report on Thursday, September 7th. Zacks Investment Research cut Fiat Chrysler Automobiles N.V. from a strong-buy rating to a hold rating in a research report on Wednesday, August 30th. Finally, Bank of America Corporation upgraded Fiat Chrysler Automobiles N.V. from an underperform rating to a neutral rating and raised their target price for the company from $9.00 to $18.00 in a research report on Monday, August 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of $15.41.

Shares of Fiat Chrysler Automobiles N.V. (NYSE FCAU) traded up 1.422% during trading on Monday, hitting $16.765. The stock had a trading volume of 1,294,050 shares. The firm has a market cap of $25.77 billion, a P/E ratio of 7.620 and a beta of 1.73. Fiat Chrysler Automobiles N.V. has a 12-month low of $6.28 and a 12-month high of $18.10. The firm has a 50 day moving average price of $17.13 and a 200 day moving average price of $12.80.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last announced its quarterly earnings results on Thursday, July 27th. The company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.17. The company had revenue of $27.93 billion for the quarter, compared to the consensus estimate of $29.24 billion. Fiat Chrysler Automobiles N.V. had a return on equity of 15.69% and a net margin of 2.51%. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period last year, the firm earned $0.45 EPS. On average, equities analysts expect that Fiat Chrysler Automobiles N.V. will post $2.59 earnings per share for the current fiscal year.

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A number of institutional investors have recently modified their holdings of the stock. Zweig DiMenna Associates LLC lifted its stake in Fiat Chrysler Automobiles N.V. by 2.0% in the 2nd quarter. Zweig DiMenna Associates LLC now owns 15,200 shares of the company’s stock valued at $162,000 after buying an additional 300 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Fiat Chrysler Automobiles N.V. by 3.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 13,222 shares of the company’s stock valued at $141,000 after buying an additional 430 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Fiat Chrysler Automobiles N.V. by 0.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 103,198 shares of the company’s stock valued at $1,088,000 after buying an additional 470 shares in the last quarter. Greenleaf Trust lifted its stake in Fiat Chrysler Automobiles N.V. by 3.2% in the 2nd quarter. Greenleaf Trust now owns 17,251 shares of the company’s stock valued at $183,000 after buying an additional 542 shares in the last quarter. Finally, US Bancorp DE lifted its stake in Fiat Chrysler Automobiles N.V. by 5.7% in the 1st quarter. US Bancorp DE now owns 10,892 shares of the company’s stock valued at $120,000 after buying an additional 589 shares in the last quarter. 28.77% of the stock is currently owned by hedge funds and other institutional investors.

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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