On Monday, the Vetr crowd upgraded their rating for Ford Motor Company F from 4 stars (Buy), issued three days ago, to 4.5 stars (Strong Buy). At the time of the upgrade, crowd sentiment for the stock was generally positive, with 72 percent of Vetr user ratings bullish.
Share price in Ford hasn't been particularly active for the better part of 2017. Following a spike on the start of the year to $13, the stock hasn't moved outside $0.30 of the $12.50 mark since January 4. This despite delivering an average Q4 earnings report near the end of that month—beating revenue estimates while slightly missing on EPS—or showing a 3 percent slowdown in February sales.
Ford closed at $12.52.
See how crowdsourced ratings could help you time the market.
Currently, the Vetr crowd's average target price for Ford is up at $14.17, which is above the average analyst target price $13.88. Ford is a popular stock on Vetr as more than 2 percent of users are holding F in their watch lists.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.