Ford Motor Company (F) Receives Price Target

Ford Motor Company (F) : The highest level Ford Motor Company (F) is projected to reach is $20 for the short term and the lowest estimate is at $10. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $14.5 and the possibility the share price can swing is $3.03.

Ford Motor Company (F) : Zacks Investment Research ranks Ford Motor Company (F) as 5, which is a Strong Sell recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.57, which indicates as a Hold.


Also, Jefferies initiates coverage on Ford Motor Company (NYSE:F) . The global brokerage major announces a current price target of $10 per share. Analysts at the Jefferies have a current rating of Underperform on the shares. The rating by the firm was issued on August 9, 2016.

Ford Motor Company (NYSE:F): The stock opened at $12.66 on Thursday but the bulls could not build on the opening and the stock topped out at $12.72 for the day. The stock traded down to $12.35 during the day, due to lack of any buying support eventually closed down at $12.44 with a loss of -1.27% for the day. The stock had closed at $12.60 on the previous day. The total traded volume was 40,510,406 shares.

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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