Fiat Chrysler Automobiles Sets New 52-Week High After Analyst Upgrade

Andrew Cummings
August 24, 2017

Manufacturers Life Insurance Company, The claims 1,590,722 shares worth $16,909,000.

Here are some other firms who have updated their holdings. Manufacturers Life Insurance Company, The now owns 1,590,722 shares worth $16,909,000. Creative Planning raised its stake in shares of Fiat Chrysler Automobiles NV by 34.4% in the first quarter.

Hedge funds have recently bought and sold shares of the company. Ballentine Partners LLC purchased a new stake in shares of Fiat Chrysler Automobiles NV during the second quarter worth about $117,000. As of quarter end Cetera Investment Advisers had acquired a total of 1,840 shares growing its holdings by 15.0%. Institutional investors own 29.28% of the company's stock.

Fiat Chrysler Automobiles NV (NYSE:FCAU) last released its quarterly earnings data on Thursday, July 27th. The firm shows a 20-Day Simple Moving Average of with a 200-Day Simple Moving Average of.

Fiat Chrysler Automobiles N.V. (FCAU) now has P/E (Price to Earnings) ratio of 0 while the company's industry has 16.47 P/E and the sector P/E is 19.71. Trading volume for Fiat Chrysler Automobiles N.V. was 5,074K in the last trading session. Fiat Chrysler Automobiles NV has a 12-month low of $6.05 and a 12-month high of $13.57. Next quarter's EPS is forecasted at $0.75 with next year's EPS projected to be $2.86.

BEIJING-Great Wall Motor Co has discounted reports of an impending deal with Fiat Chrysler Automobiles NV, saying there are no talks and it may not pursue a takeover of the Italian-American auto manufacturer's Jeep division.

COPYRIGHT VIOLATION NOTICE: This article was first posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are reading this news story on another domain, it was stolen and republished in violation of U.S. & worldwide trademark and copyright laws. Finally, Bank of America Corporation reaffirmed an "underperform" rating and issued a $9.00 price objective (down from $10.00) on shares of Fiat Chrysler Automobiles NV in a report on Friday, June 16th.

Turning to Ascena Retail Group, Inc. (The) reiterated a "buy" rating on shares of Fiat Chrysler Automobiles NV in a report on Wednesday, April 26th. $14.50's average target is 0.55% above currents $14.42 stock price. The stock of Fiat Chrysler Automobiles NV (NYSE:FCAU) has "Equal Weight" rating given on Friday, February 3 by Barclays Capital.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU)'s shares may have a significant upside to the consensus target of 15.78, but how has it been performing relative to the market?

The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00.

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