FCA does not stop anymore, Equita confirms the buy and raises bar at 17.1 euros

A few days after the announcement of the two big European cars, the analysts of Equita have updated the evaluation "incorporating a part of the synergies" that could come from the deal with the Psa group, with the target price revised upwards by 18 % at 17.1 euros.

"From the press – indicate from Equita – there are rumors about the possibility that Comau can be sold (to be clarified whether before or after the spin-off) and it appears that the definition of the memorandum of understanding is expected by the beginning of December or at the latest by Christmas" .