Fiat Chrysler: BarCap confident about group's margins

(CercleFinance.com) - Barclays Capital (BarCap) reiterates its "overweight" rating on Fiat Chrysler Automobiles (FCA), maintaining its target price of 23 euros, saying that it agrees with Sergio Marchionne that the group can reach the same margins of General Motors North America".


While the CEO of the Italo-American group has recently said that its margins are on track to beat those of General Motors, analysts "concur, at least on a pro forma basis... for F and GM”.

According to BarCap, “with continued strong product cadence driving a credible margin expansion story in NAFTA, a likely rosy picture at the June 1 investor day providing a catalyst.”


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