A statement released earlier today by Vetr Inc. about Fiat Chrysler Automobiles NV (NYSE:FCAU) bumps the target price to $7.32
- Updated: October 15, 2016
Vetr Inc. bumped up the target of Fiat Chrysler Automobiles NV (NYSE:FCAU) to $7.32 stating a potential upside of 0.11%.
Previously on 10/06/2016, Vetr Inc. reported about Fiat Chrysler Automobiles NV (NYSE:FCAU) raised the target price from $0.00 to $7.32. At the time, this indicated a possible upside of 0.11%.
Yesterday Fiat Chrysler Automobiles NV (NYSE:FCAU) traded 2.27% higher at $6.57. The company’s 50-day moving average is $6.53 and its 200-day moving average is $6.93. The last stock close price is down -9.03% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 4,621,826 shares of the stock were exchanged, down from an average trading volume of 5,552,610
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Fiat Chrysler Automobiles NV has a one year low of $5.45 and a one year high of $10.89 with a PE ratio of 12.09 Fiat Chrysler Automobiles NV’s market capitalization is presently $0.
A total of 12 equity analysts have released a ratings update on FCAU. 2 firms rating the stock a strong buy, 2 brokerages rating the stock a buy, 5 equity analysts rating the company a hold, three analysts rating the company a underperform, and finally 1 firm rating the stock a sell with a consensus target price of $9.16.
Brief Synopsis About Fiat Chrysler Automobiles NV (NYSE:FCAU)
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 after-sales services and parts under the Mopar brand. The company also produces and sells lighting components, body control units, suspensions, shock absorbers, electronic systems, exhaust systems, powertrain components, engine control units, plastic molding components, and after-market under the Magneti Marelli brand name. In addition, it offers cast iron components for engines, gearboxes, transmissions and suspension systems, and aluminum cylinder heads under the Teksid brand; and designs and produces industrial automation systems and related products for the automotive industry under the Comau brand name. Further, the company is involved in media and publishing businesses. It sells its products directly, or through distributors and dealers in approximately 150 countries. Fiat Chrysler Automobiles N.V. was founded in 1899 and is based in London, the United Kingdom.
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