Ford Motor Company Receives Consensus Rating of “Buy” from Brokerages (NYSE:F)
Shares of Ford Motor Company (NYSE:F) have received an average rating of “Buy” from the twenty-three analysts that are presently covering the stock, AnalystRatings.NET reports. Nine research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $19.38.
Several analysts have recently commented on the stock. Analysts at Credit Suisse initiated coverage on shares of Ford Motor Company in a research note on Wednesday, August 13th. They set a “neutral” rating and a $18.00 price target on the stock. Separately, analysts at Stifel Nicolaus upgraded shares of Ford Motor Company from a “hold” rating to a “buy” rating in a research note on Tuesday, August 12th. They now have a $22.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Ford Motor Company in a research note on Friday, July 25th. They now have a $20.00 price target on the stock, up previously from $19.00.
Ford Motor Company (NYSE:F) traded up 0.28% on Wednesday, hitting $17.65. The stock had a trading volume of 5,321,927 shares. Ford Motor Company has a 52 week low of $14.40 and a 52 week high of $18.12. The stock has a 50-day moving average of $17.38 and a 200-day moving average of $16.42. The company has a market cap of $68.455 billion and a P/E ratio of 10.82.
Ford Motor Company (NYSE:F) last released its earnings data on Thursday, July 24th. The company reported $0.32 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.38 by $0.06. The company had revenue of $37.40 billion for the quarter, compared to the consensus estimate of $38.13 billion. During the same quarter in the prior year, the company posted $0.45 earnings per share. The company’s quarterly revenue was down 1.9% on a year-over-year basis. Analysts expect that Ford Motor Company will post $1.33 EPS for the current fiscal year.
Ford Motor Company (NYSE:F) is a producer of automobiles.
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