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RBC maintains Sector Perform rating on Stellantis with €7 target
The Royal Bank of Canada kept its rating for automaker Stellantis at "Sector Perform" and reaffirmed a €7 target price. The decision follows Stellantis' latest quarterly results, which showed earnings before interest and taxes (EBIT) falling well below average analyst expectations. The shortfall was driven largely by weak sales in North America, a market traditionally key to the company's profitability.
Analyst Tom Narayan noted that the disappointing North‑American performance raises questions about Stellantis' competitive position and growth outlook, prompting the cautious rating.
Entities
Basilea Pharmaceutica AG · Biomedical Advanced Research and Development Authority (BARDA) · Fosmanogepix · Royal Bank of Canada · Stellantis N.V. · Tom Narayan · UBS Group AG · Visa Inc.
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] RBC set a target price of €7 for Stellantis. www.klamm.de · www.finanzen.net
- [● 2 SOURCES] Weak sales in North America contributed to Stellantis' disappointing quarter. www.klamm.de · www.finanzen.net
- [● 2 SOURCES] RBC kept Stellantis rating at Sector Perform. www.klamm.de · www.finanzen.net
- [● 2 SOURCES] Stellantis' quarterly EBIT fell below average analyst expectations. www.klamm.de · www.finanzen.net