Today, Fiat Chrysler Automobiles NV (FCAU) gets Sell status at Vetr Inc.

Today, Fiat Chrysler Automobiles NV (FCAU) gets Sell status at Vetr Inc.
Fiat Chrysler Automobiles NV (NYSE:FCAU) was downgraded by stock analysts at Vetr from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday. They presently have a $6.75 target price on the stock. Vetr‘s price target indicates a potential downside of 12.34% from the company’s previous close.

A number of other equities analysts have also recently weighed in on the company. Goldman Sachs Group Inc. reissued a “buy” rating on shares of Fiat Chrysler Automobiles NV in a research note on Wednesday, October 26th. Zacks Investment Research cut Fiat Chrysler Automobiles NV from a “hold” rating to a “sell” rating in a research note on Tuesday, October 4th. Morgan Stanley assumed coverage on Fiat Chrysler Automobiles NV in a research note on Thursday, August 25th. They issued an “outperform” rating on the stock. Finally, Jefferies Group assumed coverage on Fiat Chrysler Automobiles NV in a research note on Tuesday, August 9th. They issued a “buy” rating on the stock. Six research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $7.47.

Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU) traded up 1.05% on Monday, hitting $7.70. 3,290,775 shares of the stock traded hands. Fiat Chrysler Automobiles NV has a one year low of $5.45 and a one year high of $9.51. The stock has a market cap of $9.93 billion, a price-to-earnings ratio of 6.84 and a beta of 1.65. The company’s 50 day moving average is $6.95 and its 200 day moving average is $6.77.

A number of institutional investors have recently added to or reduced their stakes in FCAU. Vanguard Group Inc. boosted its position in Fiat Chrysler Automobiles NV by 0.3% in the second quarter. Vanguard Group Inc. now owns 19,300,562 shares of the company’s stock valued at $118,120,000 after buying an additional 48,701 shares during the period. Emerald Acquisition Ltd. purchased a new stake in shares of Fiat Chrysler Automobiles NV during the second quarter valued at about $95,871,000. AQR Capital Management LLC raised its stake in shares of Fiat Chrysler Automobiles NV by 1.3% in the second quarter. AQR Capital Management LLC now owns 10,949,196 shares of the company’s stock valued at $66,841,000 after buying an additional 141,707 shares in the last quarter. Swiss National Bank raised its stake in shares of Fiat Chrysler Automobiles NV by 3.3% in the second quarter. Swiss National Bank now owns 6,071,809 shares of the company’s stock valued at $37,038,000 after buying an additional 195,844 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Fiat Chrysler Automobiles NV by 152.7% in the second quarter. Caisse DE Depot ET Placement DU Quebec now owns 5,653,462 shares of the company’s stock valued at $34,513,000 after buying an additional 3,416,577 shares in the last quarter. 25.01% of the stock is currently owned by institutional investors.

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