Ford Motor Company (NYSE:F) was upgraded by research analysts at Vetr from a “hold” rating to a “buy” rating in a report issued on Wednesday, October 4th. The firm currently has a $13.34 target price on the auto manufacturer’s stock. Vetr‘s price target suggests a potential upside of 10.71% from the stock’s previous close.

Other equities research analysts have also issued reports about the company. Berenberg Bank set a $10.00 price target on Ford Motor and gave the company a “sell” rating in a report on Monday, June 12th. Guggenheim started coverage on Ford Motor in a report on Wednesday, June 21st. They issued a “neutral” rating and a $13.00 target price for the company. ValuEngine lowered Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, June 17th. Buckingham Research restated a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a report on Thursday, August 24th. Finally, Bank of America Corporation restated a “buy” rating and issued a $12.50 target price (down from $14.00) on shares of Ford Motor in a report on Friday, June 16th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $12.44.

Ford Motor (NYSE F) traded down 0.58% on Wednesday, hitting $12.05. 44,597,334 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $11.72 and its 200-day moving average price is $11.31. The company has a market cap of $47.86 billion, a PE ratio of 12.68 and a beta of 1.12. Ford Motor has a 12-month low of $10.47 and a 12-month high of $13.27.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.13. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The company had revenue of $36.93 billion for the quarter, compared to analysts’ expectations of $37.22 billion. During the same quarter in the previous year, the business posted $0.52 EPS. The business’s revenue for the quarter was down .5% on a year-over-year basis. Analysts forecast that Ford Motor will post $1.75 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by Marea Informative and is the sole property of of Marea Informative. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this piece of content can be viewed at http://www.mareainformativa.com/ford-motor-company-f-upgraded-to-buy-by-vetr-inc/117669/.

In other Ford Motor news, VP John T. Lawler sold 80,624 shares of the firm’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $11.00, for a total value of $886,864.00. Following the completion of the transaction, the vice president now directly owns 10 shares in the company, valued at $110. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Hau N. Thai-Tang sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $11.50, for a total value of $287,500.00. Following the completion of the transaction, the insider now owns 76,358 shares of the company’s stock, valued at $878,117. The disclosure for this sale can be found here. Insiders sold 217,700 shares of company stock valued at $2,486,044 over the last 90 days. Corporate insiders own 1.08% of the company’s stock.

A number of hedge funds have recently bought and sold shares of F. Maple Capital Management Inc. grew its stake in Ford Motor by 6.4% in the first quarter. Maple Capital Management Inc. now owns 15,754 shares of the auto manufacturer’s stock valued at $183,000 after purchasing an additional 948 shares in the last quarter. Elkfork Partners LLC lifted its position in shares of Ford Motor by 4.4% in the first quarter. Elkfork Partners LLC now owns 612,136 shares of the auto manufacturer’s stock valued at $7,125,000 after buying an additional 25,568 shares during the last quarter. Suntrust Banks Inc. lifted its position in shares of Ford Motor by 3.1% in the first quarter. Suntrust Banks Inc. now owns 254,003 shares of the auto manufacturer’s stock valued at $2,954,000 after buying an additional 7,755 shares during the last quarter. Planning Alternatives Ltd. ADV lifted its position in shares of Ford Motor by 48.9% in the first quarter. Planning Alternatives Ltd. ADV now owns 89,724 shares of the auto manufacturer’s stock valued at $1,044,000 after buying an additional 29,481 shares during the last quarter. Finally, Aspen Investment Management Inc lifted its position in shares of Ford Motor by 2.8% in the first quarter. Aspen Investment Management Inc now owns 14,782 shares of the auto manufacturer’s stock valued at $172,000 after buying an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 54.35% of the company’s stock.

About Ford Motor

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

To view Vetr’s full report, visit Vetr’s official website.

Analyst Recommendations for Ford Motor (NYSE:F)

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