Fiat Chrysler Automobiles NV (FCAU) is Initiated by Macquarie to Underperform

Fiat Chrysler Automobiles NV (FCAU) was Initiated by Macquarie to “Underperform”. Macquarie advised their investors in a research report released on Dec 1, 2016.

Many Wall Street Analysts have commented on Fiat Chrysler Automobiles NV. Fiat Chrysler Automobiles NV was Initiated by Berenberg to “Hold” 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 -0.1 points or -1.31% at $7.55 with 1,92,67,106 shares getting traded on Tuesday. Post opening the session at $7.67, the shares hit an intraday low of $7.48 and an intraday high of $7.7 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

Fiat Chrysler Automobiles NV

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