On Oct 03, major Wall Street analysts update their ratings for $Stellantis NV (STLA.US)$, with price targets ranging from $13.8 to $17.66.
BofA Securities analyst Michael Jacks maintains with a buy rating, and adjusts the target price from $26.79 to $17.66.
Barclays analyst Henning Cosman downgrades to a hold rating, and adjusts the target price from $25.39 to $13.8.
Stifel analyst Pierre Yves Quemener maintains with a buy rating, and adjusts the target price from $25.47 to $17.11.
DZ BANK AG analyst Matthias Volkert maintains with a sell rating.
Furthermore, according to the comprehensive report, the opinions of $Stellantis NV (STLA.US)$'s main analysts recently are as follows:
The previous optimism regarding Stellantis has been tempered due to an underestimation of the company's inventory challenges in the U.S. and declining market shares in both Europe and the U.S. As a result, earnings before interest and taxes (EBIT) projections have been significantly reduced for the period up to 2026.
It was anticipated that Stellantis would follow its peers in adjusting guidance, yet the magnitude of the guidance reduction was unexpectedly significant. The current earnings per share forecast, along with a 30% payout ceiling, suggests a yield of approximately 5%. It is believed that there is potential for Stellantis to increase the payout ratio, which, while not currently factored into projections, is highlighted as a potential positive factor for 2025.
Here are the latest investment ratings and price targets for $Stellantis NV (STLA.US)$ from 4 analysts:
Note:
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