Barclays Upgrades Ford Motor Company to Overweight with Price Target $15

Brokerage firm Barclays Upgrades its rating on Ford Motor Company(F). As per the latest information, Barclays Raises the price target to $15 per share from a prior target of $13. The shares have been rated Overweight. Previously, the analysts had a Equal-Weight rating on the shares. The rating by Barclays was issued on Feb 3, 2017.

In a different note, On Jan 27, 2017, RBC Capital said it Upgrades its rating on Ford Motor Company. According to the research note, RBC Capital Raises the price target to $14 per share from a prior target of $13. The shares have been rated ‘Outperform’ by the firm. BMO Capital said it Initiates Coverage On Ford Motor Company, according to a research note issued on Dec 21, 2016. In the research note, the firm Announces the price-target to $13 per share. The shares have been rated ‘Market Perform’ by the firm.

Ford Motor Company (F) shares turned negative on Tuesdays trading session with the shares closing down -0.18 points or -1.44% at a volume of 3,29,14,413. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $12.52. The peak price level was also seen at $12.52 while the days lowest was $12.31. Finally the shares closed at $12.34. The 52-week high of the shares is $14.22 while the 52-week low is $11.07. According to the latest information available, the market cap of the company is $48,509 M.

Ford Motor Company(F) last announced its earnings results on Jan 26, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $38.700B. Analysts had an estimated revenue of $35.120B. Earnings per share were $0.3. Analysts had estimated an EPS of $0.34.

Several Insider Transactions has been reported to the SEC. On Jan 5, 2017, Hau N Thai-tang (Group Vice President) sold 17,499 shares at $13.25 per share price.Also, On Dec 6, 2016, Bradley M Gayton (VP and General Counsel) sold 12,278 shares at $12.44 per share price.On Nov 21, 2016, Ziad S Ojakli (Group Vice President) sold 10,000 shares at $11.86 per share price, according to the Form-4 filing with the securities and exchange commission.

Ford Motor Company (Ford) manufactures or distributes automobiles across six continents. The Company operates in two sectors: Automotive and Financial Services. Automotive sector includes North America South America Europe Middle East & Africa and Asia Pacific segments. Financial Services sector includes Ford Motor Credit Company and Other Financial Services segments. Its automotive brands include Ford and Lincoln. Other Financial Services includes a range of businesses including holding companies and real estate-related activities. The Company has around 62 plants across the world. Through its wholly owned subsidiary Ford Motor Credit Company LLC it provides automotive financing products to and through automotive dealers throughout the world.

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