Ford Motor Company (F) : Analyst Rating Update

Ford Motor Company (F) : Zacks Investment Research ranks Ford Motor Company (F) as 3, which is a Hold 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. 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 13 research analysts is 2.46, which indicates as a Buy.

Ford Motor Company (F) : 11 investment research analysts covering Ford Motor Company (F) have an average price target of $16 for the near short term. The highest target price given by the Brokerage Firm to the stock is $20 and the lowest target is $12 for the short term. Analysts expect the variance to be within $2.53 of the average price.

Ford Motor Company (NYSE:F): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.32 and $12.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.58. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.57, notching a gain of 1.37% for the day. The total traded volume was 35,091,212 . The stock had closed at $12.40 on the previous day.

Also, Equity analysts at the Brokerage firm Bank of America downgrades its rating on Ford Motor Company (NYSE:F). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on April 29, 2016. The company shares have dropped -13.71% from its 1 Year high price. On Oct 26, 2015, the shares registered one year high at $15.84 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $13.07 and the 200 Day Moving Average price is recorded at $12.96.

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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