In a report released yesterday, Daniel Roeska from Bernstein maintained a Hold rating on Stellantis (STLA – Research Report), with a price target of $12.10. The company’s shares closed yesterday at $13.37.
Roeska covers the Consumer Cyclical sector, focusing on stocks such as Stellantis, Ford Motor, and General Motors. According to TipRanks, Roeska has an average return of 4.1% and a 49.51% success rate on recommended stocks.
In addition to Bernstein, Stellantis also received a Hold from Berenberg Bank’s Romain Gourvil in a report issued on November 11. However, on November 5, Wells Fargo reiterated a Sell rating on Stellantis (NYSE: STLA).
The company has a one-year high of $29.51 and a one-year low of $12.74. Currently, Stellantis has an average volume of 8.49M.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of STLA in relation to earlier this year.
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Stellantis (STLA) Company Description:
Stellantis N.V. is a leading automotive group that designs, manufactures, distributes, and sells vehicles, components, and production systems. It distributes and sells vehicles under Jeep, Alfa Romeo, Chrysler, Abarth, Dodge, Fiat, Citroën, DS, Peugeot, Opel, Ram, and Vauxhall brands.
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