The Zacks Investment Research Downgraded Fiat Chrysler Automobiles NV (FCAU) to Hold

The Zacks Investment Research Downgraded Fiat Chrysler Automobiles NV (FCAU) to Hold

A rating of 1 or 2 would represent a Buy, and a 3 rating would signify a Hold on the stock. US Bancorp DE now owns 10,892 shares of the company's stock valued at $120,000 after acquiring an additional 589 shares during the last quarter. Weekly performance analysis shows the equity at -6.34%.Covering Sell-Side analysts have offered recommendations and price target estimates on Fiat Chrysler Automobiles N.V. (NYSE:FCAU).

The (Simple Month Average) SMA20 is at -5.27 percent, its SMA50 Value is 4.32% and SMA200 value is reported as 37.2 Percent. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.17. Northern Trust Corp owned 0.24% of Fiat Chrysler Automobiles N.V. worth $39,288,000 as of its most recent filing with the Securities & Exchange Commission. (NYSE:FCAU) opened at 16.72 on Monday. Earnings, adjusted for non-recurring costs, were 70 cents per share. First New York Securities LLC NY boosted its position in shares of Fiat Chrysler Automobiles NV by 668.9% in the second quarter. The firm's 50-day moving average price is $17.17 and its 200-day moving average price is $12.84. Fiat Chrysler had 24 analyst reports since August 24, 2015 according to SRatingsIntel. The results are an improvement over a year ago and show less debt than the previous quarterly results. Fiat Chrysler filed its complaint on October 17. During the same quarter in the previous year, the business earned $0.45 EPS.

Fiat Chrysler Automobiles NV has lodged a complaint with a USA regulator seeking "reparations" from a group of shipping companies from Asia, Europe and South America that admitted to fixing prices for shipping vehicles, according to documents made public. Fiat Chrysler Automobiles N.V.'s revenue for the quarter was up.1% compared to the same quarter a year ago.


TRADEMARK VIOLATION WARNING: This report was published by Dispatch Tribunal and is the property of of Dispatch Tribunal.

FCA's profitability compares with an 8.3 per cent North America margin reached in the quarter by bigger US rival GM, showing CEO Sergio Marchionne making progress towards his goal of closing the margin gap with GM and the company's other USA rival, Ford, by 2018.

06/16/2016 - Fiat Chrysler Automobiles N.V. was downgraded to "sell" by analysts at Citigroup. The Company operates under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands.

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