Short Term Price Target on Fiat Chrysler Automobiles N.V. (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.

Fiat Chrysler Automobiles N.V. has lost 14.88% in the last five trading days and dropped 13.07% in the last 4 weeks. Fiat Chrysler Automobiles N.V. has dropped 20.83% during the last 3-month period . Year-to-Date the stock performance stands at -56.25%. Also, Brokerage firm Citigroup downgrades its rating on Fiat Chrysler Automobiles N.V. (NYSE:FCAU). The shares have been rated Sell. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on June 16, 2016.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) : Zacks Investment Research ranks Fiat Chrysler Automobiles N.V. (NYSE:FCAU) as 5, which is a Strong Sell recommendation. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. The average broker rating of 3 research analysts is 3.67, which indicates as a Sell.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.07 and $5.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.17. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.12, notching a gain of 2.00% for the day. The total traded volume was 5,716,908 . The stock had closed at $6.00 on the previous day.

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