Kepler Capital analyst Alexandre Raverdy upgraded Iveco Group NV (IVG – Research Report) to a Buy on January 15 and set a price target of €11.50. The company’s shares closed yesterday at €9.71.
According to TipRanks, Raverdy is ranked 7,155 out of 9,240 analysts.
In addition to Kepler Capital, Iveco Group NV also scored an acquisition from Goldman Sachs’ Daniela Costa in a Jan. 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 the recent corporate insider activity of 54 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 IVG in relation to earlier this year.
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