Stellantis (NYSE:STLA) Cut to Hold at Berenberg Bank

Berenberg Bank cut shares of Stellantis (NYSE:STLA) from a buy rating to a hold rating in a research note published on Wednesday, Marketbeat.com reports.

Other analysts have also issued research reports about the stock. Sanford C. Bernstein lowered shares of Stellantis from a “market perform” rating to an “underperform” rating in a research report on Friday, August 7th. Truist Financial set a $9.00 price target on Stellantis in a report on Friday, May 22nd. Weiss Ratings lowered Stellantis from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, September 4th. Evercore set a $7.50 price objective on Stellantis in a report on Friday, July 31st. Finally, Wall Street Zen cut Stellantis from a “sell” rating to a “strong sell” rating in a report on Saturday, August 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $7.45.

Stellantis Trading Down 4.3%

Shares of STLA stock opened at $4.83 on Wednesday. The company has a market capitalization of $18.20 billion, a price-to-earnings ratio of 12.40, a PEG ratio of 0.35 and a beta of 1.44. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.59. The firm has a 50-day moving average price of $5.48 and a 200 day moving average price of $6.55. Stellantis has a twelve month low of $4.76 and a twelve month high of $12.22.

Stellantis (NYSE:STLA) last released its quarterly earnings results on Tuesday, June 30th. The company reported $0.14 earnings per share (EPS) for the quarter. The firm had revenue of $49.63 billion for the quarter. Research analysts forecast that Stellantis will post 0.51 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Stellantis

Hedge funds have recently made changes to their positions in the stock. IFP Advisors Inc increased its holdings in shares of Stellantis by 1,534.8% during the 2nd quarter. IFP Advisors Inc now owns 4,463 shares of the company’s stock worth $26,000 after buying an additional 4,190 shares during the last quarter. Sarver Vrooman Wealth Advisors acquired a new stake in Stellantis during the fourth quarter worth about $52,000. MinichMacGregor Wealth Management LLC acquired a new stake in Stellantis during the first quarter worth about $73,000. MASTERINVEST Kapitalanlage GmbH purchased a new position in shares of Stellantis in the 2nd quarter worth about $65,000. Finally, Summit Financial Strategies Inc. purchased a new position in shares of Stellantis in the 1st quarter worth about $83,000. Institutional investors and hedge funds own 59.48% of the company’s stock.

Trending Headlines about Stellantis

Here are the key news stories impacting Stellantis this week:

• Positive Sentiment: Stellantis is reportedly preparing to sell its stake in Aramis Group, a used-car retailer. The transaction could generate cash and support the company’s efforts to streamline its portfolio. Stellantis set to sell Aramis Group stake
• Neutral Sentiment: Stellantis and Ford are emphasizing vehicles using gas engines, including hybrid-related technologies, as an alternative to fully electric vehicles and a response to consumer concerns about driving range. The strategy may improve near-term product flexibility, but its long-term effect on valuation is uncertain. Stellantis and Ford Bet Gas Engines Can Fix America’s EV Range Anxiety
• Neutral Sentiment: The broader automaker rally from the prior session reversed as a rotation into cyclical stocks unwound. The synchronized decline across General Motors, Ford and Stellantis suggests sector positioning, rather than a company-specific announcement, also pressured STLA. Automaker Stocks Reverse as Rotation Trade Unwinds
• Negative Sentiment: Berenberg Bank downgraded Stellantis to Hold. The downgrade contributed to the stock reaching a new one-year low and reinforces concerns about the company’s earnings outlook and execution. Stellantis was downgraded to a Hold Rating
• Negative Sentiment: Canada may seek repayment of financial support if Stellantis does not resume production at its Brampton, Ontario, plant, which has been idle since 2024. Stellantis is in advanced talks to sell the facility to an armored-car manufacturer, creating potential financial and political complications. Canada Ready to Clawback Stellantis Cash Unless Production Resumes
• Negative Sentiment: Unifor, which represents more than 9,000 Stellantis workers, has warned of a possible strike or suspension of negotiations unless Ottawa blocks the Brampton sale. A labor dispute could delay restructuring and increase costs. Unifor threatens to suspend talks with Stellantis

About Stellantis

Stellantis N.V. (NYSE: STLA) is a global automaker that designs, develops, manufactures and sells passenger cars, light commercial vehicles and related mobility products and services. The company serves customers across North America, Europe, South America, the Middle East, Africa and other international markets.

Stellantis’ portfolio includes a broad range of vehicle brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep, Lancia, Maserati, Opel, Peugeot, Ram and Vauxhall.