In a report released on February 1, Rachel Miu from DBS maintained a Hold rating on Ford Motor (F – Research Report), with a price target of $13.00. The company’s shares closed last Friday at $13.23.
According to TipRanks, Miu is a 3-star analyst with an average return of 37.6% and a 100.00% success rate. Miu covers the Consumer Goods sector, focusing on stocks such as Ford Motor, Nio, and Li Auto.
Currently, the analyst consensus on Ford Motor is a Hold with an average price target of $14.75, which is an 11.49% upside from current levels. In a report released on January 30, Berenberg Bank also maintained a Hold rating on the stock with a $13.00 price target.
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Based on Ford Motor’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $39.39 billion and a GAAP net loss of $827 million. In comparison, last year the company earned a revenue of $35.68 billion and had a net profit of $1.83 billion
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of F in relation to earlier this year. Most recently, in November 2022, Stuart Rowley, the Chief Transform. & Quality Off of F sold 29,821.00 shares for a total of $416,599.37.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Ford Motor Company is a global automobile company and is the third largest car manufacturer in the United States. The firm is engaged in designing, manufacturing, and selling cars, trucks, and automobile parts. The company makes vehicles under two brand names – Ford and Lincoln. Its Ford family includes Fusion, Ecosport, Bronco, Explorer,Mustang Mach-E, F-150, and Ranger. Under the Lincoln brand, the company has popular models including Navigator, Aviator, and Nautilus.
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