Short Term Price Target on Ford Motor Company (F)

Ford Motor Company (NYSE:F) : 11 investment research analysts covering Ford Motor Company (NYSE:F) have an average price target of $16 for the near short term. The highest target price given by the Brokerage Firm to the stock is $20 and the lowest target is $12 for the short term. Analysts expect the variance to be within $2.53 of the average price.

Ford Motor Co. has lost 6.19% in the last five trading days and dropped 4.12% in the last 4 weeks. Ford Motor Co. has dropped 2.99% during the last 3-month period . Year-to-Date the stock performance stands at -6.76%. Also, Brokerage firm Bank of America downgrades its rating on Ford Motor Company (NYSE:F). The shares have been rated Neutral. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on April 29, 2016.

Ford Motor Company (NYSE:F) : 13 analysts are covering Ford Motor Company (NYSE:F) and their average rating on the stock is 2.46, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Ford Motor Company (NYSE:F) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Ford Motor Company (NYSE:F): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.56 and $12.26 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.57, notching a gain of 0.16% for the day. The total traded volume was 44,983,767 . The stock had closed at $12.55 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Farley Jr James D, officer (Executive Vice President) of Ford Motor Co, had unloaded 78,042 shares at an average price of $13.31 in a transaction dated on May 16, 2016. The total value of the transaction was worth $1,038,739.

Ford Motor Company (Ford) manufactures or distributes automobiles across six continents. The Company operates in two sectors: Automotive and Financial Services. Automotive sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific segments. Financial Services sector includes Ford Motor Credit Company and Other Financial Services segments. Its automotive brands include Ford and Lincoln. Other Financial Services includes a range of businesses, including holding companies and real estate-related activities. The Company has around 62 plants across the world. Through its wholly owned subsidiary, Ford Motor Credit Company LLC, it provides automotive financing products to and through automotive dealers throughout the world.

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