Ferrari N.V. (RACE) is Initiated by Berenberg to Buy

Ferrari N.V. (RACE) was Initiated by Berenberg to “Buy”. Berenberg advised their investors in a research report released on Nov 22, 2016.

Many Wall Street Analysts have commented on Ferrari N.V.. Societe Generale Initiated Ferrari N.V. on Oct 13, 2016 to “Sell”, Price Target of the shares are set at $45.

On the company’s financial health, Ferrari N.V. reported $0.59 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Nov 7, 2016. Analyst had a consensus of $0.50. The company had revenue of $783.00 million for the quarter, compared to analysts expectations of $767.72 million. The company’s revenue was up 8.3% compared to the same quarter last year.

Ferrari N.V.

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Ferrari N.V. - Is it time to Sell?

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