Fiat Chrysler Automobiles NV (NYSE:FCAU) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $18.39 and last traded at $18.21, with a volume of 2859800 shares. The stock had previously closed at $18.20.
Several research firms have commented on FCAU. Zacks Investment Research raised shares of Fiat Chrysler Automobiles from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research note on Wednesday. BidaskClub raised shares of Fiat Chrysler Automobiles from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 7th. Morgan Stanley lifted their price target on shares of Fiat Chrysler Automobiles from $14.00 to $18.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 21st. Jefferies Group reissued a “buy” rating and set a $19.00 price target on shares of Fiat Chrysler Automobiles in a research note on Monday, October 16th. Finally, Bank of America set a $19.00 price target on shares of Fiat Chrysler Automobiles and gave the stock a “hold” rating in a research note on Wednesday, October 25th. Four research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $16.78.
The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.48. The company has a market cap of $27,994.12, a price-to-earnings ratio of 7.92, a PEG ratio of 0.36 and a beta of 1.63.
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Fiat Chrysler Automobiles Company Profile
Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through six segments: NAFTA, LATAM, APAC, EMEA, Maserati, and Components. It provides passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.
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