Fiat Chrysler Automobiles (BIT:F) PT Set at €16.00 by Morgan Stanley

Fiat Chrysler Automobiles (BIT:F) PT Set at €16.00 by Morgan Stanley

The company's outstanding shares are 119.51 Million.

Several equities research analysts have weighed in on FCAU shares.

Arnaud Leclerc has been appointed managing director, Fiat Chrysler Automobiles UK & Ireland, succeeding Ashley Andrew who has left the company. Fiat Chrysler Automobiles earned a daily sentiment score of 0.25 on Accern's scale.

Morgan Stanley set a €16.00 ($19.05) target price on Fiat Chrysler Automobiles (BIT:F) in a research report released on Thursday, January 11th. The stock presently has a consensus rating of "Buy" and a consensus target price of $16.67.

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Shares of Fiat Chrysler Automobiles (FCAU) traded down $0.68 during mid-day trading on Wednesday, hitting $22.71. A total of 5.43 Million shares exchanged at hands and its Average Volume is 4.01 Million. According to these analysts, the Low Revenue Estimate for Fiat Chrysler Automobiles 36.5 Billion and the High Revenue Estimate is 38.41 Billion. The company's P/E (price to earnings) ratio is 9.7 and Forward P/E ratio of 7.01.

The company's Average Revenue Estimate for the current quarter is $27.04 Billion, while Low and High Revenue Estimates are $26.97 Billion and $27.11 Billion respectively. The company reported the earnings of $0.71/Share in the last quarter where the estimated EPS by analysts was $0.61/share. The Jeep sport utility vehicle brand could help Fiat double their net profit, with current share price surging more than 30% this year.

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In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for Fiat Chrysler Automobiles 37.58 Billion. But the company may still have to produce some components in Mexico, he said on Tuesday. 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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