AlphaValue Reaffirms Sell Rating on Fiat Industrial SpA (FI)
Fiat Industrial SpA (BIT: FI)‘s stock had its “sell” rating restated by analysts at AlphaValue in a research report issued to clients and investors on Thursday. They currently have a $4.09 (€3) price target on the stock.
A number of other analysts have also recently weighed in on FI. Analysts at Banca Akros reiterated an “accumulate” rating on shares of Fiat Industrial SpA in a research note to investors on Tuesday. They now have a $7.69 price target on the stock. Separately, analysts at Commerzbank Corporates & Markets reiterated a “hold” rating on shares of Fiat Industrial SpA in a research note to investors on Wednesday, October 24th. They now have a $5.06 price target on the stock. Finally, analysts at Societe Generale reiterated a “sell” rating on shares of Fiat Industrial SpA in a research note to investors on Tuesday, October 23rd. They now have a $4.55 price target on the stock.
Shares of Fiat Industrial SpA traded up 0.24% during mid-day trading on Thursday, hitting €8.3750. Fiat Industrial SpA has a 52 week low of €5.8100 and a 52 week high of €8.8450.
Fiat Industrial SpA is an Italian-based company active in the heavy machinery and vehicles sector. The Company designs, products and sells trucks, commercial vehicles, buses, special vehicles, tractors, and agricultural and construction equipment, in addition to engines and transmissions for those vehicles and engines for marine applications.
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