BidaskClub Lowers Fiat Chrysler Automobiles N.V. (FCAU) to Buy

BidaskClub lowered shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU) from a strong-buy rating to a buy rating in a research report sent to investors on Saturday.

Other equities research analysts have also issued reports about the company. Morgan Stanley decreased their price target on Fiat Chrysler Automobiles N.V. from $15.00 to $14.00 and set an overweight rating on the stock in a research report on Friday, June 9th. 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. Bank of America Corporation upgraded Fiat Chrysler Automobiles N.V. from an underperform rating to a neutral rating and increased their price target for the stock from $9.00 to $18.00 in a research report on Monday, August 28th. Barclays PLC upgraded Fiat Chrysler Automobiles N.V. from an equal weight rating to an overweight rating and decreased their price target for the stock from $15.53 to $10.00 in a research report on Wednesday, September 6th. Finally, Jefferies Group LLC increased their price target on Fiat Chrysler Automobiles N.V. from $14.00 to $19.00 and gave the stock a buy rating in a research report on Wednesday, August 23rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Fiat Chrysler Automobiles N.V. presently has an average rating of Buy and a consensus price target of $15.41.

Shares of Fiat Chrysler Automobiles N.V. (NYSE FCAU) opened at 17.74 on Friday. Fiat Chrysler Automobiles N.V. has a 52 week low of $6.14 and a 52 week high of $18.10. The company has a market cap of $27.27 billion, a P/E ratio of 8.06 and a beta of 1.72. The firm’s 50-day moving average price is $16.42 and its 200 day moving average price is $12.44.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last released its quarterly earnings results on Thursday, July 27th. The company reported $0.76 EPS for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.17. The business had revenue of $27.93 billion for the quarter, compared to analyst estimates of $29.24 billion. Fiat Chrysler Automobiles N.V. had a return on equity of 15.69% and a net margin of 2.51%. Fiat Chrysler Automobiles N.V.’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the company earned $0.45 EPS. On average, equities analysts predict that Fiat Chrysler Automobiles N.V. will post $2.58 EPS for the current fiscal year.

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A number of large investors have recently bought and sold shares of the business. Zweig DiMenna Associates LLC lifted its holdings in Fiat Chrysler Automobiles N.V. by 2.0% during the 2nd quarter. Zweig DiMenna Associates LLC now owns 15,200 shares of the company’s stock worth $162,000 after buying an additional 300 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in Fiat Chrysler Automobiles N.V. by 3.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 13,222 shares of the company’s stock worth $141,000 after buying an additional 430 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in Fiat Chrysler Automobiles N.V. by 0.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 103,198 shares of the company’s stock worth $1,088,000 after buying an additional 470 shares in the last quarter. Greenleaf Trust lifted its holdings in Fiat Chrysler Automobiles N.V. by 3.2% during the 2nd quarter. Greenleaf Trust now owns 17,251 shares of the company’s stock worth $183,000 after buying an additional 542 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in Fiat Chrysler Automobiles N.V. by 5.7% during the 1st quarter. US Bancorp DE now owns 10,892

Other equities research analysts have also issued reports about the company. Morgan Stanley decreased their price target on Fiat Chrysler Automobiles N.V. from $15.00 to $14.00 and set an overweight rating on the stock in a research report on Friday, June 9th. 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. Bank of America Corporation upgraded Fiat Chrysler Automobiles N.V. from an underperform rating to a neutral rating and increased their price target for the stock from $9.00 to $18.00 in a research report on Monday, August 28th. Barclays PLC upgraded Fiat Chrysler Automobiles N.V. from an equal weight rating to an overweight rating and decreased their price target for the stock from $15.53 to $10.00 in a research report on Wednesday, September 6th. Finally, Jefferies Group LLC increased their price target on Fiat Chrysler Automobiles N.V. from $14.00 to $19.00 and gave the stock a buy rating in a research report on Wednesday, August 23rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Fiat Chrysler Automobiles N.V. presently has an average rating of Buy and a consensus price target of $15.41.

Shares of Fiat Chrysler Automobiles N.V. (NYSE FCAU) opened at 17.74 on Friday. Fiat Chrysler Automobiles N.V. has a 52 week low of $6.14 and a 52 week high of $18.10. The company has a market cap of $27.27 billion, a P/E ratio of 8.06 and a beta of 1.72. The firm’s 50-day moving average price is $16.42 and its 200 day moving average price is $12.44.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last released its quarterly earnings results on Thursday, July 27th. The company reported $0.76 EPS for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.17. The business had revenue of $27.93 billion for the quarter, compared to analyst estimates of $29.24 billion. Fiat Chrysler Automobiles N.V. had a return on equity of 15.69% and a net margin of 2.51%. Fiat Chrysler Automobiles N.V.’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the company earned $0.45 EPS. On average, equities analysts predict that Fiat Chrysler Automobiles N.V. will post $2.58 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “BidaskClub Lowers Fiat Chrysler Automobiles N.V. (FCAU) to Buy” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this story on another site, it was illegally copied and republished in violation of international copyright law. The correct version of this story can be accessed at https://ledgergazette.com/2017/10/10/bidaskclub-lowers-fiat-chrysler-automobiles-n-v-fcau-to-buy.html.

A number of large investors have recently bought and sold shares of the business. Zweig DiMenna Associates LLC lifted its holdings in Fiat Chrysler Automobiles N.V. by 2.0% during the 2nd quarter. Zweig DiMenna Associates LLC now owns 15,200 shares of the company’s stock worth $162,000 after buying an additional 300 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in Fiat Chrysler Automobiles N.V. by 3.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 13,222 shares of the company’s stock worth $141,000 after buying an additional 430 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in Fiat Chrysler Automobiles N.V. by 0.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 103,198 shares of the company’s stock worth $1,088,000 after buying an additional 470 shares in the last quarter. Greenleaf Trust lifted its holdings in Fiat Chrysler Automobiles N.V. by 3.2% during the 2nd quarter. Greenleaf Trust now owns 17,251 shares of the company’s stock worth $183,000 after buying an additional 542 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in Fiat Chrysler Automobiles N.V. by 5.7% during the 1st quarter. US Bancorp DE now owns 10,892 shares of the company’s stock worth $120,000 after buying an additional 589 shares in the last quarter. 28.78% of the stock is currently owned by hedge funds and other institutional investors.

About Fiat Chrysler Automobiles N.V.

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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