Ford Motor (NYSE:F) Stock Rating Upgraded by BNP Paribas

Ford Motor (NYSE:F) was upgraded by investment analysts at BNP Paribas to a “hold” rating in a report issued on Monday,Zacks.com reports.

Several other analysts also recently weighed in on the stock. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their target price for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. JPMorgan Chase & Co. cut their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Finally, Bank of America dropped their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $11.89.

Ford Motor Price Performance

Shares of F stock opened at $9.24 on Monday. The stock has a fifty day simple moving average of $9.97 and a two-hundred day simple moving average of $10.49. Ford Motor has a twelve month low of $9.10 and a twelve month high of $14.85. The stock has a market capitalization of $36.72 billion, a price-to-earnings ratio of 6.33, a P/E/G ratio of 1.80 and a beta of 1.63. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, analysts predict that Ford Motor will post 1.7 EPS for the current fiscal year.

Hedge Funds Weigh In On Ford Motor

A number of large investors have recently added to or reduced their stakes in F. Hager Investment Management Services LLC purchased a new stake in shares of Ford Motor during the fourth quarter worth $26,000. Bank of Jackson Hole Trust purchased a new position in Ford Motor during the fourth quarter worth approximately $29,000. Flagship Wealth Advisors LLC acquired a new position in shares of Ford Motor during the 4th quarter valued at about $30,000. Kentucky Trust Co acquired a new position in Ford Motor in the 4th quarter valued at about $31,000. Finally, Reston Wealth Management LLC acquired a new position in Ford Motor in the third quarter valued at approximately $33,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Company Profile

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.