Brokerages Set Stellantis N.V. (NYSE:STLA) Target Price at $11.12

Shares of Stellantis N.V. (NYSE:STLA) have been given a consensus rating of “Hold” by the nineteen research firms that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $11.1167.

Several equities analysts recently commented on STLA shares. Loop Capital set a $8.00 target price on Stellantis in a report on Monday, March 2nd. Morgan Stanley cut Stellantis from an “overweight” rating to an “equal weight” rating and set a $10.90 price objective for the company. in a research report on Tuesday, February 3rd. Piper Sandler set a $15.00 price objective on Stellantis and gave the company an “overweight” rating in a report on Thursday, January 8th. TD Cowen reissued a “hold” rating on shares of Stellantis in a research report on Friday, December 12th. Finally, BNP Paribas Exane cut Stellantis from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 11th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. United Community Bank acquired a new stake in Stellantis during the 4th quarter worth $26,000. Flagship Harbor Advisors LLC acquired a new position in Stellantis in the fourth quarter valued at $27,000. Montag A & Associates Inc. purchased a new position in shares of Stellantis during the third quarter worth about $34,000. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its holdings in shares of Stellantis by 113.6% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 3,300 shares of the company’s stock worth $36,000 after purchasing an additional 1,755 shares during the last quarter. Finally, Cromwell Holdings LLC increased its position in shares of Stellantis by 1,402.0% during the fourth quarter. Cromwell Holdings LLC now owns 3,725 shares of the company’s stock worth $41,000 after purchasing an additional 3,477 shares in the last quarter. Institutional investors and hedge funds own 59.48% of the company’s stock.

Stellantis Price Performance

Shares of NYSE:STLA opened at $6.51 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 0.74 and a debt-to-equity ratio of 0.59. The firm’s 50-day moving average is $8.38 and its two-hundred day moving average is $9.74. Stellantis has a 1 year low of $6.38 and a 1 year high of $12.51.

Stellantis Company Profile

Stellantis N.V. is a global automotive manufacturer formed through the merger of Fiat Chrysler Automobiles (FCA) and Groupe PSA, a transaction completed in January 2021. The company designs, manufactures and sells a broad portfolio of passenger cars, light commercial vehicles and related powertrains under a large number of well-known brands, including (but not limited to) Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Maserati, Opel, Peugeot, Ram and Vauxhall. Stellantis also provides parts, accessories, service operations and branded aftersales support through legacy networks such as Mopar and regional dealer ecosystems.

In addition to vehicle manufacturing, Stellantis operates mobility- and software-related businesses and financial services.