A statement released earlier today by Macquarie about Ford Motor (NYSE:F) bumps the target price to $13.00
- Updated: December 1, 2016
Boasting a price of $11.96, Ford Motor (NYSE:F) traded 0.34% higher on the day. With the last stock price close down -4.47% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. F has recorded a 50-day average of $11.84 and a two hundred day average of $12.52. Trade Volume was up over the average, with 47,646,220 shares of F changing hands over the typical 33,966,400
Ford Motor (NYSE:F) had its target price raised to $13.00 by Macquarie in a report issued Thursday December 01, 2016. The updated stock price target implies a possible upside of 0.09% based on the company's previous close.
Recent Performance Chart
With a total market value of $0, Ford Motor has 52 week low of $11.02 and a 52 week high of $14.38 with a P/E ratio of 6.61 .
Also covering Ford Motor's target, a total of 16 equity analysts have released a research note on Ford Motor. The 12-month price target is $15.94 with one analyst rating the company a strong buy, 6 firms rating the stock a buy, 11 equity analysts rating the company a hold, one equity analyst rating the company a underperform, and lastly 0 brokers rating the stock a sell.
General Information About Ford Motor (NYSE:F)
Ford Motor Company (Ford) is a global automotive and mobility company. The Company's principal business includes designing, manufacturing, marketing, financing, and servicing a line of Ford cars, trucks, sports utility vehicles (SUVs), and electrified vehicles, as well as Lincoln luxury vehicles. The Company operates in two sectors: Automotive and Financial Services. The Automotive sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific segments. Its Financial Services sector includes Ford Credit and Other Financial Services segments. Its vehicle brands include Ford, Ford-Lincoln and Lincoln. The Other Financial Services segment includes holding companies, real estate, and the financing of some Volvo vehicles in Europe. The Company has over 70 plants across the world. Through its wholly owned subsidiary Ford Motor Credit Company LLC (Ford Credit), it provides automotive financing products to and through automotive dealers throughout the world.
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