Fiat Industrial SpA (BIT: FI)‘s stock had its “neutral” rating reaffirmed by analysts at Mediobanca SpA in a research report issued to clients and investors on Wednesday, ARN reports. They currently have a €4.50 ($5.84) target price on the stock.
A number of other firms have also recently commented on FI. Analysts at Banca IMI reiterated a “hold” rating on shares of Fiat Industrial SpA in a research note to investors on Tuesday. They now have a €4.83 ($6.27) price target on the stock. Separately, analysts at Banca Akros reiterated a “hold” rating on shares of Fiat Industrial SpA in a research note to investors on Monday. They now have a €4.60 ($5.97) price target on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of Fiat Industrial SpA to €6.30 ($8.18) in a research note to investors on Thursday, May 30th. They now have a “neutral” rating on the stock.
Seven research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. Fiat Industrial SpA has a consensus rating of “Hold” and an average price target of €3.90 ($5.07).
Fiat Industrial SpA (BIT: FI) traded up 0.51% on Wednesday, hitting €8.9250. 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.