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Fiat Chrysler Now A Buy, Vetr Crowd Says

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Fiat Chrysler Now A Buy, Vetr Crowd Says

Over the past seven trading days, shares of Fiat Chrysler Automobiles NV (NYSE: FCAU) fell roughly 3.9 percent. This, the Vetr crowd seems to believe, has unlocked some room for upside, as evidenced by its average price target of $6.72. This target implies a potential return of roughly 2.5 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect the upside potential, the Vetr crowd decided to upgrade its rating on shares of Fiat Chrysler on Thursday, from 3.0 stars (Hold) to 3.5 stars (Buy) out of a possible five-star rating.

It should be noted that, in accordance with the new rating, 66 percent of the crowd’s ratings are bullish at the time.

Latest Ratings for FCAU

DateFirmActionFromTo
Feb 2019BarclaysDowngradesOverweightEqual-Weight
Oct 2018HSBCDowngradesBuyHold
Sep 2018Exane BNP ParibasUpgradesNeutralOutperform

View More Analyst Ratings for FCAU
View the Latest Analyst Ratings

Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General

 

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