Brokerage Firm Rating Update on Fiat Chrysler Automobiles N.V. (FCAU)

Fiat Chrysler Automobiles N.V. (FCAU) : 1 brokerage houses believe that Fiat Chrysler Automobiles N.V. (FCAU) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Fiat Chrysler Automobiles N.V. (FCAU). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 5 Wall Street Analysts endorse the stock as a Hold with a rating of 3.

Fiat Chrysler Automobiles N.V. (FCAU) : 2 Wall Street analysts covering Fiat Chrysler Automobiles N.V. (FCAU) believe that the average level the stock could reach for the short term is $9.5. The maximum price target given is $11 and the minimum target for short term is around $8, hence the standard deviation is calculated at $2.12.


For the current week, the company shares have a recommendation consensus of Buy. Also, Jefferies initiates coverage on Fiat Chrysler Automobiles N.V. (NYSE:FCAU). The current rating of the shares is Buy, according to the research report released by the firm. The rating by the firm was issued on August 9, 2016.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU): The stock opened at $6.87 and touched an intraday high of $6.96 on Wednesday. During the day, the stock corrected to an intraday low of $6.87, however, the bulls stepped in and pushed the price higher to close in the green at $6.94 with a gain of 1.91% for the day. The total traded volume for the day was 3,172,076. The stock had closed at $6.81 in the previous trading session.

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