Stellantis (STLA, Financial) received a significant upgrade from Jefferies, with analyst Philippe Houchois now rating the stock as a "Buy," up from the previous "Hold" rating. This change reflects increased confidence in the company's performance and potential for growth.
In conjunction with this upgrade, Jefferies also raised the price target for Stellantis (STLA, Financial) from $10.25 to $13.20. This adjustment represents a 28.78% increase in the price target, highlighting the analyst's optimism about the stock's future performance.
The updated rating and price target underline the positive outlook for Stellantis (STLA, Financial) in the market. Investors may find this information valuable when considering their investment strategies related to Stellantis.
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 $12.78 with a high estimate of $19.89 and a low estimate of $8.13. The average target implies an upside of 33.23% 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 $18.23, suggesting a upside of 90.09% 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.
