(Reuters) - Luxury carmaker Ferrari's (>> FERI N) initial public offering could be priced as high as $53 per share, CNBC reported, citing sources.

At that price the company would be valued at $10 billion (6 billion pounds). The price is above the previously indicated range of $48-$52 per share for the IPO.

Ferrari is expected to start trading as public company on Wednesday.

(Reporting by Rachel Chitra in Bengaluru; Editing by Savio D'Souza)

Stocks treated in this article : EXOR SpA, Fiat Chrysler Automobiles NV, FERI N