JPMorgan Chase & Co. Reiterates €21.00 Price Target for Fiat Chrysler Automobiles (F)

Fiat Chrysler Automobiles (BIT:F) has been given a €21.00 ($25.00) target price by equities researchers at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 202.59% from the company’s previous close.

Other research analysts also recently issued reports about the company. Goldman Sachs Group reissued a “buy” rating and issued a price objective on shares of Fiat Chrysler Automobiles in a research note on Wednesday, October 25th. Deutsche Bank set a €14.00 ($16.67) price objective on Fiat Chrysler Automobiles and gave the company a “neutral” rating in a research note on Wednesday, October 25th. Barclays set a €18.00 ($21.43) price objective on Fiat Chrysler Automobiles and gave the company a “buy” rating in a research note on Monday, September 25th. Kepler Capital Markets set a €16.00 ($19.05) price objective on Fiat Chrysler Automobiles and gave the company a “buy” rating in a research note on Tuesday, September 19th. Finally, Morgan Stanley set a €16.00 ($19.05) price objective on Fiat Chrysler Automobiles and gave the company a “buy” rating in a research note on Thursday, October 26th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. Fiat Chrysler Automobiles presently has a consensus rating of “Hold” and a consensus target price of €16.33 ($19.44).

Fiat Chrysler Automobiles (F) opened at €6.94 ($8.26) on Friday. Fiat Chrysler Automobiles has a one year low of €5.86 ($6.98) and a one year high of €9.08 ($10.81). The firm has a market capitalization of $13,780.00 and a P/E ratio of 8.46.

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