Stellantis N.V. (NYSE:STLA) Stock Has Consensus Target Price of $7.45 According to Analysts

Stellantis N.V. (NYSE:STLA) has received an average rating of “Reduce” from the nineteen analysts that are presently covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a strong buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $7.45.

A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Stellantis in a research note on Tuesday, July 14th. Sanford C. Bernstein cut Stellantis from a “market perform” rating to an “underperform” rating in a report on Friday, August 7th. Wall Street Zen upgraded Stellantis from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 19th. Citigroup reissued a “neutral” rating on shares of Stellantis in a research note on Thursday, July 9th. Finally, Berenberg Bank cut shares of Stellantis from a “buy” rating to a “hold” rating in a report on Wednesday, September 16th.

Stellantis Price Performance

Shares of Stellantis stock opened at $4.62 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.76 and a current ratio of 1.04. Stellantis has a 52-week low of $4.30 and a 52-week high of $12.22. The company has a fifty day moving average of $5.17 and a 200-day moving average of $6.33. The stock has a market capitalization of $17.37 billion, a price-to-earnings ratio of 11.83, a price-to-earnings-growth ratio of 0.32 and a beta of 1.49.

Stellantis (NYSE:STLA) last issued its earnings results on Tuesday, June 30th. The company reported $0.14 EPS for the quarter. The business had revenue of $49.63 billion during the quarter. Equities research analysts expect that Stellantis will post 0.51 EPS for the current year.

Institutional Investors Weigh In On Stellantis

A number of large investors have recently added to or reduced their stakes in the company. IFP Advisors Inc grew its stake in shares of Stellantis by 1,534.8% in the second quarter. IFP Advisors Inc now owns 4,463 shares of the company’s stock worth $26,000 after purchasing an additional 4,190 shares during the last quarter. Versant Capital Management Inc increased its stake in shares of Stellantis by 31.4% during the third quarter. Versant Capital Management Inc now owns 14,496 shares of the company’s stock valued at $64,000 after buying an additional 3,467 shares during the period. MASTERINVEST Kapitalanlage GmbH bought a new position in shares of Stellantis during the second quarter valued at approximately $65,000. MinichMacGregor Wealth Management LLC bought a new position in shares of Stellantis during the first quarter valued at approximately $73,000. Finally, Taylor & Morgan Wealth Management LLC purchased a new stake in Stellantis in the second quarter worth $75,000. Institutional investors own 59.48% of the company’s stock.

Stellantis Company Profile

Stellantis N.V. is a global automotive company that designs, engineers, manufactures and sells passenger cars, light commercial vehicles and related mobility products and services. Its portfolio includes brands such as Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot and Ram.

The company serves customers across North America, Europe, South America, the Middle East and Africa, and other international markets. Its operations include vehicle manufacturing and distribution, financing and leasing, aftermarket parts and services, and the development of connected, electric and software-enabled vehicle technologies.

Stellantis was created in 2021 through the merger of Fiat Chrysler Automobiles and France’s Groupe PSA.