Stellantis N.V. (NYSE:STLA) Given Average Rating of "Hold" by Brokerages

Stellantis N.V. (NYSE:STLA - Get Free Report) has been given a consensus recommendation of "Hold" by the fifteen research firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $12.0417.

A number of research analysts recently commented on the stock. BNP Paribas Exane assumed coverage on shares of Stellantis in a research note on Monday, September 8th. They issued a "neutral" rating and a $10.10 price target on the stock. Berenberg Bank upgraded shares of Stellantis from a "hold" rating to a "buy" rating and set a $11.20 price target on the stock in a research note on Friday, September 19th. BNP Paribas upgraded shares of Stellantis to a "hold" rating in a research note on Tuesday, September 9th. Weiss Ratings reissued a "sell (d)" rating on shares of Stellantis in a report on Wednesday, October 8th. Finally, Wolfe Research downgraded shares of Stellantis from a "peer perform" rating to an "underperform" rating in a report on Wednesday, July 2nd.

Institutional Trading of Stellantis

A number of institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC boosted its holdings in Stellantis by 54.5% in the 1st quarter. Farther Finance Advisors LLC now owns 3,309 shares of the company's stock valued at $37,000 after purchasing an additional 1,167 shares during the period. Advisors Asset Management Inc. boosted its holdings in Stellantis by 2.1% in the 2nd quarter. Advisors Asset Management Inc. now owns 59,263 shares of the company's stock valued at $594,000 after purchasing an additional 1,193 shares during the period. Ballentine Partners LLC boosted its holdings in Stellantis by 8.0% in the 1st quarter. Ballentine Partners LLC now owns 17,792 shares of the company's stock valued at $199,000 after purchasing an additional 1,317 shares during the period. Straightline Group LLC lifted its holdings in shares of Stellantis by 5.0% during the 2nd quarter. Straightline Group LLC now owns 28,248 shares of the company's stock worth $283,000 after acquiring an additional 1,352 shares during the period. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Stellantis by 2.0% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 83,148 shares of the company's stock worth $834,000 after acquiring an additional 1,599 shares during the period. Institutional investors own 59.48% of the company's stock.

Stellantis Stock Up 3.2%

Shares of STLA opened at $10.56 on Friday. Stellantis has a 52 week low of $8.39 and a 52 week high of $14.28. The firm has a market cap of $31.92 billion, a P/E ratio of 3.10, a price-to-earnings-growth ratio of 0.71 and a beta of 1.52. The firm's 50-day simple moving average is $9.76 and its 200 day simple moving average is $9.76. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.77 and a current ratio of 1.06.

About Stellantis

Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide. It provides luxury and premium vehicles; sport utility vehicles; American and European brand vehicles; and parts and services, as well as retail and dealer financing, leasing, and rental services.

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