UBS analyst Patrick Hummel maintained a Buy rating on Stellantis (STLA – Research Report) today and set a price target of €26.00. The company’s shares closed last Friday at $25.69.
Hummel covers the Consumer Cyclical sector, focusing on stocks such as Stellantis, Bayerische Motoren Werke Aktiengesellschaft, and Mercedes-Benz Group. According to TipRanks, Hummel has an average return of 10.5% and a 51.67% success rate on recommended stocks.
In addition to UBS, Stellantis also received a Buy from Bank of America Securities’s Michael Jacks in a report issued on February 16. However, on the same day, DZ BANK AG downgraded Stellantis (NYSE: STLA) to a Sell.
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STLA market cap is currently $80.59B and has a P/E ratio of 4.00.
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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.
Read More on STLA:
- Stellantis price target raised to EUR 26 from EUR 23 at JPMorgan
- Stellantis backs commitment of double digit adjusted operating income margin
- Stellantis reports FY23 adjusted EPS EUR 6.42 vs. EUR 5.99 last year
- Renault, Stellantis warn of need for cost cuts in ‘turbulent year,’ FT says
- Stellantis Announces Board Composition Change
