Stellantis Aktie

Stellantis Share Price Forecast

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Stellantis, the world’s fourth-largest automaker, has seen its share price rise in recent months. This is due to a number of factors, including strong sales of its vehicles, cost-cutting measures, and the launch of new models.

In the first half of 2023, Stellantis sold 3.8 million vehicles worldwide, a 13% increase over the same period in 2022. The company’s Jeep and Ram brands were particularly strong, with sales increasing by 20% and 17%, respectively.

Stellantis has also been implementing a number of cost-cutting measures, which have helped to improve its profitability. In 2022, the company announced plans to cut 2,800 jobs in North America. It has also been closing factories and reducing its production capacity.

In addition to cost-cutting, Stellantis has also been launching new models, which have helped to boost sales. In 2023, the company launched the all-new Jeep Grand Cherokee and the Ram 1500 REV, its first electric pickup truck.

Analysts’ Views

Analysts are generally positive on Stellantis’s prospects. In a recent report, Morgan Stanley said that the company is “well-positioned to benefit from the growing demand for SUVs and pickup trucks.”

Goldman Sachs is also positive on Stellantis. In a recent report, the bank said that the company is “a good value at current levels.”

Share Price Forecast

According to analysts, Stellantis’s share price is expected to continue to rise in the coming months. Morgan Stanley has a price target of €24 on the stock, while Goldman Sachs has a price target of €26.

However, it is important to note that the share price of any company can be volatile, and there is no guarantee that Stellantis’s share price will continue to rise. Investors should always do their own research before making any investment decisions.

Disclaimer

The information contained in this article is for informational purposes only and should not be construed as investment advice. Investors should always do their own research before making any investment decisions.