Stellantis (STLA, Financial) has received an upgrade from Jefferies, moving from a Hold to a Buy rating. The price target has been raised from EUR 9 to EUR 11.50. According to Jefferies, recent data indicates that the company's earnings decline is expected to reverse soon. Despite a challenging environment for the auto sector, Jefferies highlights that many of Stellantis's operational challenges are attributable to internal factors that can be addressed. Additionally, the restructuring costs faced by Stellantis are considered significant but manageable, according to the research note.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Stellantis NV (STLA, Financial) is $12.74 with a high estimate of $19.83 and a low estimate of $8.10. The average target implies an upside of 32.82% from the current price of $9.59. More detailed estimate data can be found on the Stellantis NV (STLA) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Stellantis NV's (STLA, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Stellantis NV (STLA, Financial) in one year is $18.06, suggesting a upside of 88.32% from the current price of $9.59. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Stellantis NV (STLA) Summary page.
