Zacks Investment Research Lowers Fiat Chrysler Automobiles NV (FCAU) to Hold

Postado Junho 24, 2017

Zacks Investment Research raised shares of Fiat Chrysler Automobiles N.V. from a hold rating to a buy rating and set a $12.00 target price for the company in a report on Thursday, February 2nd. The company presently has a consensus rating of "Hold" and an average price target of $12.55. On average, equities analysts predict that Fiat Chrysler Automobiles N.V. will post $2.32 EPS for the current year.

Shares of Fiat Chrysler Automobiles N.V. It is engaged in designing, engineering, manufacturing, distributing and selling vehicles and components and production systems.

Fiat Chrysler Automobiles N.V. beats SORL Auto Parts on 8 of the 14 factors compared between the two stocks. Goldman Sachs Group, Inc.

Fiat Chrysler Automobiles N.V. has a 12-month low of $5.45 and a 12-month high of $11.65. It also produces metallurgical products and production systems for the automobile industry, and owns publishing and insurance companies. (NYSE:FCAU) last posted its quarterly earnings results on Wednesday, April 26th. In other words, EPS reveals how profitable a company is on a share owner basis.

Fiat Chrysler Automobiles N.V. closed its last trading session at $10.57 with the gain of 1.32%. Zacks Investment Research's earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Fiat Chrysler Automobiles N.V. The company's 50-day moving average is $10.82 and its 200-day moving average is $10.46. The Market Capitalization of the company stands at 16.46 Billion. The business had revenue of $27.72 billion during the quarter, compared to analyst estimates of $27.51 billion. During the same quarter past year, the firm posted $0.34 EPS. The top stories for the week of June 23, 2017, include the J.D. Power 2017 U.S. Initial Quality Study reporting that all FCA US brands posted year-over-year initial quality score improvements, FCA and the National Safety Council launch the Check to Protect campaign new Dodge Demon details, and Ron Capps captures his fifth win of 2017. The correct version of this report can be accessed at https://sportsperspectives.com/2017/06/23/zacks-investment-research-lowers-fiat-chrysler-automobiles-n-v-fcau-to-hold.html. US Bancorp DE raised its position in shares of Fiat Chrysler Automobiles N.V.by 5.7% in the first quarter. The company's revenue for the quarter was up 4.3% compared to the same quarter a year ago. The brokerage now has a buy rating on the stock. AQR Capital Management LLC boosted its stake in Fiat Chrysler Automobiles N.V.by 56.9% in the first quarter. CAPROCK Group Inc. acquired a new position in shares of Fiat Chrysler Automobiles N.V. during the first quarter worth about $115,000. Investment Centers of America Inc. bought a new position in Fiat Chrysler Automobiles N.V. during the first quarter worth approximately $110,000. Russell Investments Group Ltd. now owns 17,605,184 shares of the company's stock valued at $192,562,000 after buying an additional 3,524,249 shares during the period.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Finally, Norges Bank bought a new stake in shares of Fiat Chrysler Automobiles N.V. during the fourth quarter valued at about $150,816,000.