2 weeks Ago By Defense World Staff
Equities research analysts at Evercore ISI assumed coverage on shares of Stellantis ( NYSE:STLA – Get Free Report ) in a research note issued to investors on Monday, MarketBeat Ratings reports. The firm set an “inline” rating on the stock. Several other analysts have also recently commented on the company.
Nomura upgraded Stellantis from a “neutral” rating to a “buy” rating in a research report on Wednesday, July 31st. Jefferies Financial Group restated a “hold” rating and set a $16.44 price objective (down from $27.
30) on shares of Stellantis in a research note on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft downgraded shares of Stellantis from a “buy” rating to a “hold” rating in a report on Monday, July 29th. Barclays cut shares of Stellantis from an “overweight” rating to an “equal weight” rating in a research note on Thursday, October 3rd.
Finally, Nomura Securities raised shares of Stellantis from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 31st. One analyst has rated the stock with a sell rating, eight have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.
com, Stellantis has an average rating of “Hold” and a consensus price target of $27.34. Read Our Latest Report on Stellantis Stellantis Stock Performance Institutional Trading of Stellantis A number of large investors have recently added to or reduced their stakes in STLA.
Envestnet Portfolio Solutions Inc. boosted its stake in shares of Stellantis by 5.7% during the 1st quarter.
Envestnet Portfolio Solutions Inc. now owns 10,508 shares of the company’s stock worth $298,000 after acquiring an additional 562 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in Stellantis by 4.
6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 14,533 shares of the company’s stock worth $288,000 after purchasing an additional 636 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Stellantis by 6.
0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 11,519 shares of the company’s stock worth $326,000 after buying an additional 656 shares during the period. Legacy Capital Group California Inc.
lifted its stake in Stellantis by 7.0% during the second quarter. Legacy Capital Group California Inc.
now owns 10,777 shares of the company’s stock valued at $214,000 after buying an additional 707 shares in the last quarter. Finally, CWM LLC boosted its holdings in shares of Stellantis by 7.6% in the second quarter.
CWM LLC now owns 12,424 shares of the company’s stock worth $247,000 after buying an additional 874 shares during the period. 59.48% of the stock is currently owned by institutional investors.
Stellantis Company Profile ( Get Free Report ) 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. Further Reading Five stocks we like better than Stellantis What Are Dividend Contenders? Investing in Dividend Contenders Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025 When to Sell a Stock for Profit or Loss Is Tesla’s Valuation a Bubble or Backed by Real Growth? ETF Screener: Uses and Step-by-Step Guide Trucking Stocks Led the Pack Last Week: Can They Keep Rolling? Receive News & Ratings for Stellantis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stellantis and related companies with MarketBeat.com's FREE daily email newsletter .
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