Ford Motor (NYSE:F) Price Target Raised to $11.00 at Barclays

Ford Motor (NYSE:F - Get Free Report) had its price objective hoisted by equities researchers at Barclays from $9.00 to $11.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has an "equal weight" rating on the auto manufacturer's stock. Barclays's price objective would indicate a potential downside of 1.52% from the company's current price.

F has been the subject of a number of other research reports. Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Citigroup upped their price target on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. UBS Group upped their price target on Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Piper Sandler upped their price target on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a report on Thursday, May 22nd. Finally, Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and decreased their price target for the stock from $9.40 to $7.00 in a report on Wednesday, April 9th. Four analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $10.30.

Ford Motor Trading Up 0.2%

Shares of NYSE F traded up $0.02 on Wednesday, reaching $11.17. 68,710,977 shares of the company traded hands, compared to its average volume of 83,550,604. Ford Motor has a fifty-two week low of $8.44 and a fifty-two week high of $14.18. The company has a 50 day moving average of $10.80 and a 200 day moving average of $10.12. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26. The stock has a market capitalization of $44.42 billion, a PE ratio of 7.49, a P/E/G ratio of 0.95 and a beta of 1.49.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.16. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The company had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. During the same quarter in the prior year, the company posted $0.49 EPS. The company's quarterly revenue was down 6.2% compared to the same quarter last year. On average, equities research analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the sale, the insider directly owned 113,939 shares of the company's stock, valued at $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.48% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Ford Motor

Several large investors have recently added to or reduced their stakes in F. Tounjian Advisory Partners LLC acquired a new position in shares of Ford Motor during the first quarter valued at $974,000. Generali Investments CEE investicni spolecnost a.s. increased its holdings in shares of Ford Motor by 25.0% during the first quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer's stock valued at $3,009,000 after purchasing an additional 60,000 shares during the period. APG Asset Management N.V. acquired a new position in shares of Ford Motor during the fourth quarter valued at $20,408,000. Abundance Wealth Counselors increased its holdings in shares of Ford Motor by 32.6% during the first quarter. Abundance Wealth Counselors now owns 157,919 shares of the auto manufacturer's stock valued at $1,594,000 after purchasing an additional 38,794 shares during the period. Finally, Inscription Capital LLC acquired a new position in shares of Ford Motor during the first quarter valued at $251,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company 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.