ValuEngine downgraded shares of Fiat Chrysler Automobiles (NYSE:FCAU) from a strong-buy rating to a buy rating in a report released on Friday morning.

A number of other research firms have also commented on FCAU. BidaskClub lowered Fiat Chrysler Automobiles from a strong-buy rating to a buy rating in a research report on Tuesday, November 14th. Barclays upgraded Fiat Chrysler Automobiles from an equal weight rating to an overweight rating and decreased their price target for the stock from $15.53 to $10.00 in a research report on Wednesday, September 6th. Citigroup upgraded Fiat Chrysler Automobiles from a sell rating to a neutral rating and increased their price target for the stock from $6.87 to $18.33 in a research report on Friday, November 10th. Deutsche Bank restated a hold rating on shares of Fiat Chrysler Automobiles in a research report on Thursday, September 7th. Finally, Bank of America set a $19.00 price target on Fiat Chrysler Automobiles and gave the stock a hold rating in a research report on Wednesday, October 25th. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of $16.65.

Fiat Chrysler Automobiles (FCAU) traded down $0.01 during mid-day trading on Friday, hitting $17.09. The stock had a trading volume of 4,373,890 shares, compared to its average volume of 2,296,465. Fiat Chrysler Automobiles has a 52 week low of $7.58 and a 52 week high of $18.33. The company has a market cap of $26,287.73, a price-to-earnings ratio of 7.43, a P/E/G ratio of 0.35 and a beta of 1.64. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.48 and a current ratio of 0.77.

Institutional investors and hedge funds have recently made changes to their positions in the business. Ingalls & Snyder LLC bought a new position in Fiat Chrysler Automobiles in the 3rd quarter valued at $181,000. Ballentine Partners LLC bought a new position in Fiat Chrysler Automobiles in the 2nd quarter valued at $117,000. FineMark National Bank & Trust bought a new position in Fiat Chrysler Automobiles in the 3rd quarter valued at $188,000. Lorber David A boosted its position in Fiat Chrysler Automobiles by 38.3% in the 3rd quarter. Lorber David A now owns 11,844 shares of the company’s stock valued at $212,000 after buying an additional 3,279 shares during the last quarter. Finally, BKS Advisors LLC bought a new position in Fiat Chrysler Automobiles in the 2nd quarter valued at $128,000. Hedge funds and other institutional investors own 31.24% of the company’s stock.

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Fiat Chrysler Automobiles Company Profile

Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through six segments: NAFTA, LATAM, APAC, EMEA, Maserati, and Components. It provides passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.

Analyst Recommendations for Fiat Chrysler Automobiles (NYSE:FCAU)

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