Fiat Chrysler Automobiles N.V. (FCAU) : Analyst Rating Update

Fiat Chrysler Automobiles N.V. (FCAU) has an average broker rating of 3.67, which is interpreted as a Sell, as rated by 3 equity analysts. 1 other analysts advise a Buy. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Fiat Chrysler Automobiles N.V. (FCAU) : Currently there are 2 street experts covering Fiat Chrysler Automobiles N.V. (FCAU) stock. The most bullish and bearish price target for the stock is $11 and $8 respectively for the short term. The average price target of all the analysts comes to $9.5. The estimated standard deviation from the target is $2.12.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.55 and $5.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.72. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.70, notching a gain of 0.35% for the day. The total traded volume was 6,916,906 . The stock had closed at $5.68 on the previous day.

Also, Equity analysts at the Brokerage firm Citigroup downgrades its rating on Fiat Chrysler Automobiles N.V. (NYSE:FCAU). The rating major has initiated the coverage with sell rating on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on June 16, 2016. The company shares have dropped -36.61% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $10.93 and the one year low was seen on Jul 5, 2016. The 50-Day Moving Average price is $6.77 and the 200 Day Moving Average price is recorded at $7.38.

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