In a report released today, Daniel Roeska from Bernstein maintained a Buy rating on Stellantis (STLA – Research Report), with a price target of €25.00. The company’s shares closed yesterday at $25.40.
Roeska covers the Consumer Cyclical sector, focusing on stocks such as Mercedes-Benz Group, Stellantis, and Bayerische Motoren Werke Aktiengesellschaft. According to TipRanks, Roeska has an average return of 5.5% and a 53.85% success rate on recommended stocks.
In addition to Bernstein, Stellantis also received a Buy from Jefferies’s Philippe Houchois in a report issued yesterday. However, on February 16, Citi assigned a Hold rating to Stellantis (NYSE: STLA).
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STLA market cap is currently $79.55B and has a P/E ratio of 3.96.
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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 40 from EUR 32 at Deutsche Bank
- Stellantis price target raised to EUR 29 from EUR 24 at RBC Capital
- 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
