Ford Motor Stock Rating Reaffirmed by RBC Capital (F)
Ford Motor (NYSE:F)‘s stock had its “sector perform” rating restated by analysts at RBC Capital in a research report issued to clients and investors on Friday, Stock Ratings News reports. They currently have a $19.00 target price on the stock. RBC Capital’s target price would suggest a potential upside of 7.95% from the stock’s previous close.
F has been the subject of a number of other recent research reports. Analysts at Morgan Stanley raised their price target on shares of Ford Motor from $20.00 to $21.00 in a research note to investors on Friday. They now have an “overweight” rating on the stock. Separately, analysts at Guggenheim raised their price target on shares of Ford Motor from $13.00 to $16.00 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Ford Motor from $20.00 to $21.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $19.82.
Shares of Ford Motor (NYSE:F) opened at 17.60 on Friday. Ford Motor has a one year low of $9.31 and a one year high of $17.68. The stock has a 50-day moving average of $16.82 and a 200-day moving average of $15.06. The company has a market cap of $69.338 billion and a price-to-earnings ratio of 11.70. Ford Motor also was the recipient of some unusual options trading on Wednesday. Traders bought 52,159 put options on the company. This represents an increase of 239% compared to the average daily volume of 15,377 put options.
Ford Motor (NYSE:F) last announced its earnings results on Thursday, October 24th. The company reported $0.45 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.36 by $0.09. The company had revenue of $36.00 billion for the quarter, compared to the consensus estimate of $34.07 billion. During the same quarter last year, the company posted $0.40 earnings per share. Ford Motor’s revenue was up 12.3% compared to the same quarter last year. Analysts expect that Ford Motor will post $1.57 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, December 2nd. Investors of record on Friday, November 1st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.27%. The ex-dividend date is Wednesday, October 30th.
Ford Motor Company (NYSE:F) operates in the global automotive industry.
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