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J.P. Morgan Stick to Their Buy Rating for Stellantis

Published 07/09/2021, 08:35 PM


J.P. Morgan analyst Jose Asumendi maintained a Buy rating on Stellantis on Thursday, setting a price target of EUR20, which is approximately 24.71% above the present share price of $18.99.

Asumendi expects Stellantis to post earnings per share (EPS) of $1.00 for the third quarter of 2021.

The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Stellantis, with an average price target of $23.95.
The analysts price targets range from a high of $27.23 to a low of $18.71.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $28.59 billion and a net profit of $1.97 billion. The company's market cap is $59.46 billion.

According to TipRanks.com, J.P. Morgan analyst Jose Asumendi is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.0% and a 56.12% success rate.

Fiat Chrysler Automobiles NV engages in the design, engineering, manufacturing, distribution and sale of automobiles and light commercial vehicles, engines, transmission systems, automotive-related components, metallurgical products and production systems. It operates through the following geographical segments: North American Free Trade Agreement, Latin America, Asia-Pacific, Europe, the Middle East & Africa, Maserati, and Components. The NAFTA segment engages in the designing, engineering, development, manufacturing, distributing and selling of automobiles under the Chrysler, Jeep, Dodge, Ram and Fiat brand names, vehicles with the SRT performance designation and from sales of the related parts and accessories in the United States, Canada and Mexico. The LATAM segment sells passenger cars and light commercial vehicles and related spare parts under the brand names, Fiat and Fiat in South and Central America and it also provides financial services in Brazil and Argentina. The APAC segment offers cars, engines and transmissions and related spare parts under the Chrysler group and Fiat brands in China, Japan, Australia and India. The EMEA segment designs, develops and sells passenger cars and light commercial vehicles under the Fiat, Alfa Romeo, Lancia, Chrysler, Abarth and Fiat Professional and the sale of the related spare parts in Europe, Middle East and Africa. The Maserati segment manufactures, designs, engineers distribution and sale of luxury vehicles under the Maserati brand. The Components segments includes production and sale of lighting components, body control units, suspensions, shock absorbers, electronic systems, and exhaust systems, and others. The company was founded on April 1, 2014 and is headquartered in London, the United Kingdom.

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