Ford Motor (NYSE:F) Given New $14.00 Price Target at Morgan Stanley

Ford Motor (NYSE:F) had its price target boosted by investment analysts at Morgan Stanley from $11.00 to $14.00 in a report issued on Monday,Benzinga reports. The firm presently has an “equal weight” rating on the auto manufacturer’s stock. Morgan Stanley’s price target would suggest a potential upside of 6.59% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Barclays lifted their price target on Ford Motor from $11.00 to $12.00 and gave the stock an “equal weight” rating in a report on Monday, October 27th. Citigroup upped their price objective on Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a report on Monday, October 27th. Royal Bank Of Canada increased their price objective on Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday, October 24th. Finally, Piper Sandler boosted their target price on shares of Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Three analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $12.04.

Ford Motor Stock Performance

F stock traded up $0.11 during midday trading on Monday, reaching $13.14. 20,194,393 shares of the company were exchanged, compared to its average volume of 94,414,398. Ford Motor has a one year low of $8.44 and a one year high of $13.97. The firm has a market capitalization of $52.34 billion, a price-to-earnings ratio of 11.32 and a beta of 1.60. The business has a 50-day moving average price of $12.70 and a two-hundred day moving average price of $11.72. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98.

Ford Motor (NYSE:F) last posted its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. The company had revenue of $50.53 billion during the quarter, compared to analysts’ expectations of $43.08 billion. Ford Motor had a net margin of 2.48% and a return on equity of 11.94%. Ford Motor’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.49 EPS. Equities research analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of F. Chicago Partners Investment Group LLC bought a new stake in shares of Ford Motor during the first quarter valued at approximately $180,000. Zions Bancorporation National Association UT purchased a new position in Ford Motor during the first quarter valued at $56,000. Townsquare Capital LLC boosted its holdings in shares of Ford Motor by 28.3% during the 1st quarter. Townsquare Capital LLC now owns 106,871 shares of the auto manufacturer’s stock valued at $1,072,000 after buying an additional 23,604 shares in the last quarter. Atlas Capital Advisors Inc. grew its position in shares of Ford Motor by 21.2% in the 1st quarter. Atlas Capital Advisors Inc. now owns 5,665 shares of the auto manufacturer’s stock worth $57,000 after buying an additional 989 shares during the period. Finally, Strengthening Families & Communities LLC grew its position in shares of Ford Motor by 104.1% in the 1st quarter. Strengthening Families & Communities LLC now owns 5,983 shares of the auto manufacturer’s stock worth $60,000 after buying an additional 3,051 shares during the period. 58.74% of the stock is owned by institutional investors.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.