Positive for Kepler Capital’s Iveco Group NV (IVG)

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 #7155 out of 9240 analysts.

In addition to Kepler Capital , Iveco Group NV also received a Buy from Goldman Sachs’s Daniela Costa in a report issued on January 7. 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 trading 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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