Fiat Chrysler Automobiles NV (FCAU) is Downgraded by Exane BNP Paribas to Underperform

Fiat Chrysler Automobiles NV (FCAU) was Downgraded by Exane BNP Paribas to ” Underperform”. Earlier the firm had a rating of “Neutral ” on the company shares. Exane BNP Paribas advised their investors in a research report released on May 16, 2016.

Many Wall Street Analysts have commented on Fiat Chrysler Automobiles NV. Fiat Chrysler Automobiles NV was Downgraded by BofA/Merrill to ” Underperform” on Apr 29, 2016. Fiat Chrysler Automobiles NV was Resumed by Morgan Stanley to “Overweight” on Feb 24, 2016.

On the company’s financial health, Fiat Chrysler Automobiles NV reported $0.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.24. The company had revenue of $26570.00 million for the quarter, compared to analysts expectations of $27719.06 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.05 EPS.

Fiat Chrysler Automobiles NV opened for trading at $7.68 and hit $7.76 on the upside on Friday, eventually ending the session at $7.65, with a gain of 0.39% or 0.03 points. The heightened volatility saw the trading volume jump to 40,14,416 shares. Company has a market cap of $12,989 M.

Fiat Chrysler Automobiles NV

Leave a Reply

Fiat Chrysler Automobiles NV - Is it time to Sell?

Top Brokerage Firms are advising their investors on Fiat Chrysler Automobiles NV. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.