In a report released today, Tim Rokossa from Deutsche Bank maintained a Buy rating on Stellantis (STLA – Research Report), with a price target of €32.00. The company’s shares closed yesterday at $21.96.
According to TipRanks, Rokossa is a 4-star analyst with an average return of 5.2% and a 42.70% success rate. Rokossa covers the Consumer Cyclical sector, focusing on stocks such as Stellantis, Bayerische Motoren Werke Aktiengesellschaft, and Continental Aktiengesellschaft.
In addition to Deutsche Bank, Stellantis also received a Buy from Jefferies’s Philippe Houchois in a report issued on January 29. However, on January 24, HSBC downgraded Stellantis (NYSE: STLA) to a Hold.
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STLA market cap is currently $69.66B and has a P/E ratio of 3.32.
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Stellantis (STLA) Company Description:
Stellantis N.V. is a leading automotive group that designs, manufactures, distributes, and sells vehicles, components, and production systems. It distributes and sells vehicles under Jeep, Alfa Romeo, Chrysler, Abarth, Dodge, Fiat, Citroën, DS, Peugeot, Opel, Ram, and Vauxhall brands.
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