Analyst Rating Update on Fiat Chrysler Automobiles N.V. (FCAU)

Fiat Chrysler Automobiles N.V. (FCAU) : Zacks Investment Research ranks Fiat Chrysler Automobiles N.V. (FCAU) as 3, which is a Hold 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. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 3.5, which indicates as a Hold.

Fiat Chrysler Automobiles N.V. (FCAU) : The highest level Fiat Chrysler Automobiles N.V. (FCAU) is projected to reach is $11 for the short term and the lowest estimate is at $8. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $9.5 and the possibility the share price can swing is $2.12.

Company shares have received an average consensus rating of Hold for the current week Also, Barclays downgrades their rating on the shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU). The current rating of the shares is Underweight. Earlier, the shares were rated a Overweight by the brokerage firm. The rating by the firm was issued on July 6, 2016.


Fiat Chrysler Automobiles N.V. (NYSE:FCAU): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.48 and $6.44 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.66. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.62, notching a gain of 8.88% for the day. The total traded volume was 10,171,504 . The stock had closed at $6.08 on the previous day.

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