Ford Motor Company (NYSE:F) was upgraded by equities research analysts at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating in a report issued on Friday. The firm presently has a $14.00 target price on the auto manufacturer’s stock, up from their prior target price of $13.00. Royal Bank Of Canada’s target price points to a potential upside of 12.09% from the company’s current price.
Other equities research analysts have also issued reports about the company. Vetr lowered Ford Motor Company from a “strong-buy” rating to a “buy” rating and set a $13.12 price target on the stock. in a research report on Tuesday, November 22nd. Instinet increased their price target on Ford Motor Company from $14.00 to $14.50 and gave the stock a “buy” rating in a research report on Wednesday, December 21st. TheStreet upgraded Ford Motor Company from a “hold” rating to a “buy” rating in a research report on Thursday, January 5th. Zacks Investment Research upgraded Ford Motor Company from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 2nd. Finally, RBC Capital Markets restated a “hold” rating and set a $13.00 price target on shares of Ford Motor Company in a research report on Wednesday, January 4th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $13.66.
Source: American Banking and Market News