Rodman & Renshaw initiated coverage on shares of Ford Motor in a research note on Monday, July 18th. They now have a United States dollars 33 price target on the stock.
Advertisement
Most recently Ford Motor Company (NYSE:F)’s price target was revised on 09/06/16 and according to 17 analysts stock’s price will reach at $13.59 during 52 weeks with standard deviation of 3.06. Finally, Jefferies Group reaffirmed a sell rating and set a $10.00 price target on shares of Ford Motor in a research note on Wednesday, August 17th. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $14.58.
Ford Motor Company closed its last trading session at $12.7 with the gain of 0.24%. The Hedge Fund company now holds 1,029 shares of GM which is valued at $32,671.Hallmark Capital Management Inc boosted its stake in GM in the latest quarter, The investment management firm added 9,342 additional shares and now holds a total of 48,924 shares of General Motors Company which is valued at $1,506,859.
To find out the technical position of F, it holds price to book ratio of 1.58 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. Earnings Glance Investors will be marking 2016-10-27 on their calendars as this is when Ford Motor Company (NYSE:F) is slated to next issue its quarterly earnings. Analysts had expected General Motors Company (NYSE:GM) to report earnings of about $1.52 per share on $38,911.90M in revenue. For the next 5 years, Ford Motor Company is expecting Growth of 8.95% per annum, whereas in the past 5 years the growth was 4.03% per annum. Revenue for the same quarter is predicted to arrive at $39.32B.
Ford Motor Company (NYSE:F) performance over the past one year advanced 0.42% whereas its year to date (YTD) performance indicated a bearish trend of -4.54%. Investors of record on Friday, September 9th will be given a dividend of $0.38 per share. The Current Ratio parades a figure of 1 . Also, VP Thomas S. Timko sold 6,250 shares of General Motors stock in a transaction on Tuesday, August 23rd. The shares were bought at an average cost of $12.26 per share, for a total transaction of $61,300.00. The company’s institutional ownership is monitored at 58.7%. The insider owns 173,850 shares which have current market value of around $5544076.BARRA MARY T is another major inside shareholder in the company. Mount Lucas Management LP now owns 1,885,747 shares of the auto manufacturer’s stock valued at $25,458,000 after buying an additional 709,103 shares in the last quarter. DnB Asset Management AS raised its stake in General Motors by 64.1% in the first quarter. Stock’s weekly performance expressed up trend of 1.03%. The stock is a Buy among 18 brokerage firms polled by Factset Research.
Shares of Ford Motor Co. BlackRock Fund Advisors now owns 44,366,975 shares of the auto manufacturer’s stock valued at $598,954,000 after buying an additional 188,690 shares during the last quarter. Moreover, Evercore Trust Company N.A. has 8.95% invested in the company for 222.73 million shares.
Advertisement
With that in mind Ford Motor Co. 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 Firm operates in two sectors: Automotive and Financial Services.
