|Bid||0.00 x 3200|
|Ask||0.00 x 800|
|Day's Range||15.19 - 15.61|
|52 Week Range||6.00 - 19.50|
|Beta (5Y Monthly)||2.08|
|PE Ratio (TTM)||6.57|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan 14, 2021|
|1y Target Est||22.12|
Analysts are positive about Stellantis, the name of a new auto maker formed from the merger of Fiat Chrysler and Peugeot. But the company, while cost cutting, will need to talk about its electric-vehicle plans.
Britain's business minister said the government is working to get the right result for the Vauxhall car factory as owner Stellantis decides in the next few weeks whether to keep the site open. Peugeot-maker PSA said in 2019 it wanted to keep open its northern England Ellesmere Port plant by building the new Vauxhall/Opel Astra there, but that would depend on the outcome of Britain's departure from the European Union. Since then London and Brussels have agreed a tariff-free deal dependent on local content levels, PSA has merged with Fiat's parent company to form Stellantis and the government brought forward a ban on the sale of new combustion-engine only cars.
Stellantis Chief Executive Carlos Tavares is touring the group's Italian plants, getting relations with local unions off to a good start as the newly-formed automaker seeks over 5 billion euros ($6.1 billion) a year in savings. The world's fourth-biggest carmaker was officially created on Saturday from the merger of Fiat Chrysler (FCA) and Peugeot-maker PSA, with former PSA boss Tavares becoming group CEO. FCA and PSA pledged to achieve the savings without closing any plants, and Tavares earlier this week also committed to not cutting jobs.