Ford Stock Rating Reaffirmed by Sterne Agee (F)
Sterne Agee reissued their buy rating on shares of Ford (NYSE: F) in a report released on Thursday, Stock Ratings Network reports. Sterne Agee currently has a $17.00 target price on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet reiterated a buy rating on shares of Ford in a research note to investors on Thursday. Separately, analysts at Guggenheim reiterated a neutral rating on shares of Ford in a research note to investors on Thursday. They now have a $12.00 price target on the stock.
Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average target price of $14.94.
Ford (NYSE: F) opened at 12.93 on Thursday. Ford has a 52-week low of $8.82 and a 52-week high of $14.30. The stock’s 50-day moving average is currently $13.06. The company has a market cap of $50.715 billion and a price-to-earnings ratio of 9.09.
The company also recently announced a quarterly dividend, which is scheduled for Monday, June 3rd. Investors of record on Friday, May 3rd will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 3.09%. The ex-dividend date is Wednesday, May 1st.
Ford Motor Company (NYSE: F) is a producer of cars and trucks.
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