Stellantis (NYSE:STLA) Receives Average Rating of “Hold” from Brokerages

Shares of Stellantis (NYSE:STLA) have earned a consensus rating of “Hold” from the thirteen analysts that are presently covering the stock, MarketBeat reports. Eight investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $27.34.

Several equities research analysts have recently issued reports on STLA shares. Evercore ISI began coverage on Stellantis in a research report on Monday, November 11th. They set an “inline” rating for the company. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Stellantis in a research report on Friday, October 4th. Finally, Barclays cut shares of Stellantis from an “overweight” rating to an “equal weight” rating in a research note on Thursday, October 3rd.

Stellantis Stock Performance

Shares of STLA opened at $12.53 on Monday. The stock has a 50 day moving average of $13.23 and a 200 day moving average of $15.36. The company has a market capitalization of $39.25 billion, a price-to-earnings ratio of 4.11, a PEG ratio of 0.45 and a beta of 1.60. Stellantis has a 12 month low of $12.12 and a 12 month high of $29.51. The company has a current ratio of 1.14, a quick ratio of 0.85 and a debt-to-equity ratio of 0.26.

Institutional Trading of Stellantis

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Rothschild Investment LLC bought a new position in shares of Stellantis in the second quarter worth $25,000. Waldron Private Wealth LLC bought a new position in Stellantis in the 3rd quarter worth about $33,000. Central Pacific Bank Trust Division purchased a new stake in shares of Stellantis in the 3rd quarter valued at about $35,000. Cromwell Holdings LLC boosted its position in shares of Stellantis by 52.9% during the 3rd quarter. Cromwell Holdings LLC now owns 2,993 shares of the company’s stock valued at $42,000 after acquiring an additional 1,036 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in shares of Stellantis during the third quarter worth about $47,000. Institutional investors own 59.48% of the company’s stock.

Stellantis Company Profile

Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide. It provides luxury and premium vehicles; sport utility vehicles; American and European brand vehicles; and parts and services, as well as retail and dealer financing, leasing, and rental services.