Price Target Update on Fiat Chrysler Automobiles N.V. (NYSE:FCAU)

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) : Currently there are 2 street experts covering Fiat Chrysler Automobiles N.V. (NYSE:FCAU) stock. The most bullish and bearish price target for the stock is $11 and $8 respectively for the short term. The average price target of all the analysts comes to $9.5. The estimated standard deviation from the target is $2.12.

Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Citigroup downgrades its outlook on Fiat Chrysler Automobiles N.V. (NYSE:FCAU). The current rating of the shares is Sell, according to the research report released by the firm. Previously, the company had a rating of Neutral. The rating by the firm was issued on June 16, 2016.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU): stock turned positive on Thursday. Though the stock opened at $7.11, the bulls momentum made the stock top out at $7.2 level for the day. The stock recorded a low of $7.04 and closed the trading day at $7.19, in the green by 3.90%. The total traded volume for the day was 3,893,231. The stock had closed at $6.92 in the previous days trading.

The company shares have dropped -31.65% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $10.93 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $7.14 and the 200 Day Moving Average price is recorded at $7.57.

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