Alexandre Raverdy, an analyst at Kepler Capital, upgraded Iveco Group NV (IVG – Research Report) to Buy on January 15 and set a price target of €11. 50. The company’s shares closed at 9. 71 euros.
According to TipRanks, Raverdy is ranked 7,155 out of 9,240 analysts.
In addition to Kepler Capital, Iveco Group NV also secured the purchase of Goldman Sachs by Daniela Costa in a January 7 report. However, on January 9, Morgan Stanley maintained a Hold rating on Iveco Group NV (Milan: IVG).
IVG’s market capitalization is currently €3. 23 billion and it has a P/E ratio of 11. 41.
Based on recent corporate insider activity from 54 insiders, corporate insider sentiment is negative towards the stock. This means that over the last quarter there has been an increase in the number of insiders promoting their IVG shares earlier this year.
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