Evercore ISI upgraded Fiat Chrysler Automobiles NV (NYSE:FCAU) to Buy in a report released today.
- Updated: November 28, 2016
Evercore ISI has upgraded Fiat Chrysler Automobiles NV (NYSE:FCAU) to Buy in a report released on 11/28/2016.
Yesterday Fiat Chrysler Automobiles NV (NYSE:FCAU) traded -0.65% lower at $7.70. The company’s 50-day moving average is $6.98 and its 200-day moving average is $6.76. The last closing price is up 13.23% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 11,816,328 shares of the stock traded hands, up from an average trading volume of 8,231,730
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Fiat Chrysler Automobiles NV has a 52 week low of $5.45 and a 52 week high of $9.51 with a P/E ratio of 6.87 The company’s market cap is currently $0.
In addition to Evercore ISI reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $9.16 with 2 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 5 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.
General Information 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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