Fiat Industrial SpA (BIT: FI)‘s stock had its “market perform” rating reaffirmed by research analysts at Sanford C. Bernstein in a report released on Wednesday, StockRatingsNetwork.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Mediobanca SpA reiterated a “neutral” rating on shares of Fiat Industrial SpA in a research note to investors on Monday, May 20th. They now have a €4.50 ($5.84) price target on the stock. Separately, analysts at AlphaValue reiterated a “sell” rating on shares of Fiat Industrial SpA in a research note to investors on Thursday, May 16th. They now have a €3.90 ($5.06) price target on the stock. Finally, analysts at Macquarie reiterated an “underperform” rating on shares of Fiat Industrial SpA in a research note to investors on Tuesday, May 7th. They now have a €3.10 ($4.03) price target on the stock.
Seven research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. Fiat Industrial SpA currently has a consensus rating of “Hold” and a consensus price target of €3.70 ($4.80).
Shares of Fiat Industrial SpA (BIT: FI) traded up 0.85% during mid-day trading on Wednesday, hitting €8.9400. Fiat Industrial SpA has a 52 week low of €6.9600 and a 52 week high of €9.8000. The stock’s 50-day moving average is currently €8.08.
Fiat Industrial SpA is an Italy-based company primarily engaged in the manufacture of heavy machinery and vehicles equipment.
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