Stellantis (NYSE:STLA) Given Average Rating of “Hold” by Analysts

Stellantis (NYSE:STLA) has been given a consensus rating of “Hold” by the thirteen analysts that are covering the stock, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $27.34.

STLA has been the topic of a number of recent analyst reports. Barclays lowered shares of Stellantis from an “overweight” rating to an “equal weight” rating in a research report on Thursday, October 3rd. Evercore ISI started coverage on Stellantis in a report on Monday, November 11th. They issued an “inline” rating on the stock. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Stellantis in a report on Friday, October 4th.

Stellantis Stock Down 2.0 %

Shares of NYSE:STLA opened at $12.53 on Monday. The company’s fifty day moving average is $13.23 and its 200-day moving average is $15.43. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.85 and a current ratio of 1.14. Stellantis has a 52 week low of $12.12 and a 52 week high of $29.51. The company has a market capitalization of $39.25 billion, a PE ratio of 4.11, a P/E/G ratio of 0.45 and a beta of 1.60.

Institutional Inflows and Outflows

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

About Stellantis

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.