Stellantis (STLA) Receives a Hold from Goldman Sachs

In a report released today, Christian Frenes from Goldman Sachs maintained a Hold rating on Stellantis, with a price target of €7.00.

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According to TipRanks, Frenes is a 2-star analyst with an average return of 2.5% and a 100.00% success rate. Frenes covers the Consumer Cyclical sector, focusing on stocks such as Mercedes-Benz Group, Stellantis, and Renault.

In addition to Goldman Sachs, Stellantis also received a Hold from Bank of America Securities’s Horst Schneider in a report issued on February 17. However, on February 12, Berenberg Bank maintained a Buy rating on Stellantis (NYSE: STLA).

The company has a one-year high of €13.62 and a one-year low of €5.73. Currently, Stellantis has an average volume of 29.32M.

Based on the recent corporate insider activity of 20 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.