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

Ford Motor (NYSE:F - Get Free Report) had its price objective hoisted by stock analysts at Citigroup from $10.00 to $11.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a "neutral" rating on the auto manufacturer's stock. Citigroup's target price points to a potential upside of 6.85% from the company's current price.

F has been the subject of several other research reports. StockNews.com upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research report on Monday. TD Cowen began coverage on shares of Ford Motor in a research report on Friday, March 7th. They issued a "hold" rating and a $10.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on Ford Motor from $11.00 to $12.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. BNP Paribas upgraded Ford Motor to a "hold" rating in a report on Monday, February 10th. Finally, The Goldman Sachs Group boosted their price objective on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Tuesday. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Ford Motor presently has an average rating of "Hold" and a consensus price target of $10.00.

Ford Motor Price Performance

Shares of F stock traded down $0.15 during midday trading on Wednesday, reaching $10.30. 41,810,720 shares of the company were exchanged, compared to its average volume of 74,111,658. The company's 50 day moving average price is $9.75 and its two-hundred day moving average price is $10.07. The company has a market cap of $40.80 billion, a P/E ratio of 7.05, a PEG ratio of 0.61 and a beta of 1.53. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

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, topping analysts' consensus estimates of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The company had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. During the same quarter in the previous year, the business earned $0.49 EPS. The company's quarterly revenue was down 6.2% compared to the same quarter last year. On average, sell-side analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in F. World Investment Advisors LLC boosted its position in Ford Motor by 31.8% during the third quarter. World Investment Advisors LLC now owns 33,168 shares of the auto manufacturer's stock worth $350,000 after purchasing an additional 8,000 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Ford Motor during the 3rd quarter worth $192,000. Franklin Resources Inc. grew its stake in Ford Motor by 29.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock valued at $15,998,000 after buying an additional 336,720 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Ford Motor by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock worth $46,408,000 after acquiring an additional 160,409 shares during the period. Finally, Nordea Investment Management AB lifted its position in Ford Motor by 8.7% during the 4th quarter. Nordea Investment Management AB now owns 316,177 shares of the auto manufacturer's stock worth $3,146,000 after acquiring an additional 25,229 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

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.

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