FINANCIAL REPORT SUGGESTS JEEP WORTH MORE THAN FCA – Four Wheeler Network
Posted July 19, 2017 on Four Wheeler Network
Jeep may be able to stand on its own and operate independently from its parent company Fiat Chrysler, according to CNBC’s analysis of a Morgan Stanley report.
The report suggested that Jeep might be worth more than the rest of Fiat Chrysler Automobiles, according to Morgan Stanley. Adam Jonas, an analyst with the financial firm who issued Monday’s memo, placed Jeep’s market cap at 120% of Fiat Chrysler’s, which currently sits at 23.6B at the time of writing. Jonas added that Jeep’s sales could account for almost half of all Fiat Chrysler’s sales by 2018. Read More…