Ford Motor (NYSE:F) Earns Hold Rating from Analysts at Berenberg Bank

Research analysts at Berenberg Bank started coverage on shares of Ford Motor (NYSE:FGet Rating) in a note issued to investors on Tuesday, Briefing.com reports. The brokerage set a “hold” rating and a $17.00 price target on the auto manufacturer’s stock. Berenberg Bank’s target price suggests a potential upside of 27.15% from the stock’s current price.

A number of other equities analysts have also recently issued reports on F. Zacks Investment Research upgraded Ford Motor from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a report on Wednesday, February 2nd. TheStreet cut Ford Motor from a “b” rating to a “c+” rating in a report on Wednesday, April 27th. Citigroup lowered their target price on Ford Motor from $23.00 to $18.00 in a report on Monday, March 28th. Credit Suisse Group lowered their target price on Ford Motor from $26.00 to $25.00 and set an “outperform” rating for the company in a report on Friday, February 4th. Finally, BNP Paribas started coverage on Ford Motor in a report on Monday, April 11th. They set an “outperform” rating for the company. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average target price of $19.18.

F opened at $13.37 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.94. Ford Motor has a 12 month low of $11.28 and a 12 month high of $25.87. The company has a fifty day simple moving average of $15.88 and a 200 day simple moving average of $18.47. The stock has a market cap of $53.54 billion, a P/E ratio of 4.71, a P/E/G ratio of 2.41 and a beta of 1.15.

Ford Motor (NYSE:FGet Rating) last released its quarterly earnings data on Wednesday, April 27th. The auto manufacturer reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. Ford Motor had a net margin of 8.57% and a return on equity of 12.46%. During the same period in the previous year, the company posted $0.89 earnings per share. On average, equities research analysts expect that Ford Motor will post 1.96 earnings per share for the current fiscal year.

In other news, insider William Clay Ford, Jr. acquired 267,697 shares of Ford Motor stock in a transaction dated Thursday, March 24th. The stock was bought at an average price of $16.81 per share, for a total transaction of $4,499,986.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.71% of the company’s stock.

Large investors have recently modified their holdings of the company. Thompson Siegel & Walmsley LLC bought a new stake in shares of Ford Motor in the first quarter valued at approximately $25,000. Ten Capital Wealth Advisors LLC bought a new stake in shares of Ford Motor in the first quarter valued at approximately $25,000. Sterling Investment Advisors Ltd. bought a new stake in shares of Ford Motor in the fourth quarter valued at approximately $27,000. Retirement Planning Co of New England Inc. bought a new stake in shares of Ford Motor in the fourth quarter valued at approximately $28,000. Finally, Cedar Mountain Advisors LLC bought a new stake in shares of Ford Motor in the fourth quarter valued at approximately $31,000. Institutional investors own 52.35% of the company’s stock.

Ford Motor Company Profile (Get Rating)

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

Read More

Analyst Recommendations for Ford Motor (NYSE:F)

Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.