Fiat Chrysler Automobiles NV (FCAU) is Initiated by Berenberg to Hold

Fiat Chrysler Automobiles NV (FCAU) was Initiated by Berenberg to “Hold”. Berenberg advised their investors in a research report released on Nov 22, 2016.

On the company’s financial health, Fiat Chrysler Automobiles NV reported $0.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Oct 25, 2016. Analyst had a consensus of $0.35. The company had revenue of $26836.00 million for the quarter, compared to analysts expectations of $27531.49 million. The company’s revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS.

Fiat Chrysler Automobiles NV closed down -0.04 points or -0.54% at $7.43 with 81,65,620 shares getting traded on Monday. Post opening the session at $7.46, the shares hit an intraday low of $7.42 and an intraday high of $7.505 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Fiat Chrysler Automobiles NV

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