Zacks Investment Research announced Fiat Chrysler Automobiles NV (NYSE:FCAU), bumping up its stock price target to $11.00 today
- Updated: April 20, 2017
In a report announced on 4/20/2017 Zacks Investment Research bumped up the target of Fiat Chrysler Automobiles NV (NYSE:FCAU) to $11.00 stating a potential upside of 0.08%.
Boasting a price of $10.22, Fiat Chrysler Automobiles NV (NYSE:FCAU) traded 2.51% higher on the day. With the last stock price close up 10.71% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Fiat Chrysler Automobiles NV has recorded a 50-day average of $10.71 and a two hundred day average of $9.23. Volume of trade was up over the average, with 8,205,989 shares of FCAU changing hands over the typical 8,195,430
With a total market value of $0, Fiat Chrysler Automobiles NV has price-earnings ratio of 8.13 with a one year low of $5.45 and a one year high of $11.63 .
A total of 12 equity analysts have released a ratings update on FCAU. Two equity analysts rating the company a strong buy, two equity analysts rating the company a buy, five equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $9.16.
More 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 related service parts and accessories, and service contracts 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 products under the Magneti Marelli brand name. In addition, it offers cast iron components for engines, gearboxes, transmissions and suspension systems, aluminum cylinder heads, and engine blocks 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 provides retail and dealer financings; and factoring services. The company sells its products directly, or through distributors and dealers in approximately 140 countries. Fiat Chrysler Automobiles N.V. was founded in 1899 and is based in London, the United Kingdom.
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