Fiat Industrial SpA (BIT: FI)‘s stock had its “hold” rating reaffirmed by equities researchers at Banca IMI in a research report issued on Tuesday, AnalystRatingsNetwork.com reports. They currently have a €4.83 ($6.27) price target on the stock.
Fiat Industrial SpA (BIT: FI) traded up 0.34% on Tuesday, hitting €8.9100. 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.
Several other analysts have also recently commented on the stock. 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. Separately, 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. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Fiat Industrial SpA in a research note to investors on Wednesday, May 29th.
Seven analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of €3.90 ($5.07).
Fiat Industrial SpA is an Italy-based company primarily engaged in the manufacture of heavy machinery and vehicles equipment.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.