Current analysis: Stellantis shares show little movement - expert still sees good prospects.

Current analysis: Stellantis shares show little movement - expert still sees good prospects.

According to a report by m.ariva.de, Stellantis shares are currently experiencing hardly any price movement. It is currently trading at 18.58 euros and shows a slight increase of 0.33 percent.

Stellantis is a global mobility company founded in January 2021 through the merger of Peugeot S.A. and Fiat Chrysler Automobiles N.V. was created. The group brings together the brands FIAT, Chrysler, Peugeot, Citroen and Opel/Vauxhall under one roof.

The US investment bank Goldman Sachs recently raised the price target for Stellantis from 24 to 25 euros and left the rating at “Buy”. Analyst George Galliers expects prices to normalize from 2024 and profitability and cash flow to remain high. He also sees good prospects for shareholder distributions.

The low price movement of Stellantis shares in the market could be due to the uncertainty regarding European car manufacturers as well as the lack of development in view of the Euro Stoxx 50. It remains to be seen how investors will behave in the next few weeks and whether George Galliers' predictions will come true.

Stellantis stock could increase in value in the future if the factors Galliers mentioned in his analysis come true. Investors should therefore continue to closely monitor developments in the market in order to make the right investment decisions.