In a report released today, Patrick Hummel from UBS maintained a Buy rating on Stellantis (STLA – Research Report), with a price target of €26.00. The company’s shares opened today at $27.00.
According to TipRanks, Hummel is a 5-star analyst with an average return of 11.3% and a 54.50% success rate. Hummel covers the Consumer Cyclical sector, focusing on stocks such as Mercedes-Benz Group, Stellantis, and Bayerische Motoren Werke Aktiengesellschaft.
In addition to UBS, Stellantis also received a Buy from Barclays’s Henning Cosman in a report issued today. However, on April 4, Citi maintained a Hold rating on Stellantis (NYSE: STLA).
The company has a one-year high of $29.51 and a one-year low of $15.07. Currently, Stellantis has an average volume of 5.62M.
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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:
- eDCT Production Launch Marks Another Milestone in €240 Million Transformation of Iconic Italian Site into Mirafiori Automotive Park 2030
- Stellantis (NYSE:STLA) Rises as It Gains Market Share in Europe
- Stellantis Annual General Meeting Live Webcast Available
- Stellantis Progresses with Strategic Share Buyback
- Weekly Report (March 29- April 4, 2024) on the First Tranche of Stellantis 2024 Share Buyback Program
