Fiat Industrial SpA Rating Reiterated by Sanford C. Bernstein (FI)
Fiat Industrial SpA (BIT: FI)‘s stock had its “outperform” rating reiterated by investment analysts at Sanford C. Bernstein in a note issued to investors on Wednesday. They currently have a $6.49 (€5) target price on the stock.
Shares of Fiat Industrial SpA traded down 0.82% during mid-day trading on Wednesday, hitting €9.0450. Fiat Industrial SpA has a 52 week low of €6.9600 and a 52 week high of €9.8000. The stock’s 50-day moving average is currently €8.08.
A number of other analysts have also recently weighed in on FI. Analysts at Banca Akros reiterated a “hold” rating on shares of Fiat Industrial SpA in a research note to investors on Thursday, March 7th. They now have a $5.97 price target on the stock. Separately, analysts at AlphaValue reiterated a “sell” rating on shares of Fiat Industrial SpA in a research note to investors on Thursday, February 28th. They now have a $4.28 price target on the stock. Finally, analysts at Mediobanca SpA reiterated a “neutral” rating on shares of Fiat Industrial SpA in a research note to investors on Thursday, February 21st. They now have a $6.00 price target on the stock.
Fiat Industrial SpA is an Italy-based company primarily engaged in the manufacture of heavy machinery and vehicles equipment.
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