Jefferies Group set a $11.00 price objective on Fiat Chrysler Automobiles N.V. (NYSE:FCAU) in a research note released on Thursday morning. The brokerage currently has a buy rating on the stock.

A number of other research firms have also recently issued reports on FCAU. Goldman Sachs Group, Inc. (The) reiterated a buy rating and issued a $17.50 target price (up from $10.60) on shares of Fiat Chrysler Automobiles N.V. in a research note on Sunday, January 8th. Zacks Investment Research cut shares of Fiat Chrysler Automobiles N.V. from a hold rating to a sell rating in a research note on Monday, January 2nd. TheStreet upgraded shares of Fiat Chrysler Automobiles N.V. from a hold rating to a buy rating in a research note on Thursday, December 1st. Macquarie initiated coverage on shares of Fiat Chrysler Automobiles N.V. in a research note on Wednesday, November 30th. They issued an underperform rating for the company. Finally, Berenberg Bank reiterated a hold rating on shares of Fiat Chrysler Automobiles N.V. in a research note on Monday, November 28th. Seven research analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of $9.86.

Analyst Recommendations for Fiat Chrysler Automobiles N.V. (NYSE:FCAU)

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) traded down 2.21% during midday trading on Thursday, reaching $9.73. 32,385,079 shares of the company were exchanged. Fiat Chrysler Automobiles N.V. has a one year low of $5.45 and a one year high of $11.32. The firm has a market cap of $12.54 billion, a P/E ratio of 8.79 and a beta of 1.71. The firm’s 50-day moving average is $8.90 and its 200-day moving average is $7.20.

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Institutional investors have recently added to or reduced their stakes in the stock. Advisor Group Inc. raised its position in Fiat Chrysler Automobiles N.V. by 24.7% in the third quarter. Advisor Group Inc. now owns 15,949 shares of the company’s stock worth $101,000 after buying an additional 3,160 shares in the last quarter. Tower Research Capital LLC TRC raised its position in Fiat Chrysler Automobiles N.V. by 307.8% in the second quarter. Tower Research Capital LLC TRC now owns 18,675 shares of the company’s stock worth $114,000 after buying an additional 14,096 shares in the last quarter. Creative Planning raised its position in Fiat Chrysler Automobiles N.V. by 11.9% in the third quarter. Creative Planning now owns 18,293 shares of the company’s stock worth $117,000 after buying an additional 1,940 shares in the last quarter. Norman Fields Gottscho Capital Management LLC purchased a new position in Fiat Chrysler Automobiles N.V. during the third quarter worth approximately $124,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Fiat Chrysler Automobiles N.V. during the second quarter worth approximately $140,000. 26.09% of the stock is currently owned by institutional investors.

5 Day Chart for NYSE:FCAU

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