Fintel reports that on July 12, 2023, Citigroup maintained coverage of Ford Motor with a Buy recommendation.

Analyst Price Forecast Suggests 8.83% Downside

As of July 6, 2023, the average one-year price target for Ford Motor is 13.88. The forecasts range from a low of 10.10 to a high of $23.10. The average price target represents a decrease of 8.83% from its latest reported closing price of 15.23.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Ford Motor is 154,988MM, a decrease of 6.10%. The projected annual non-GAAP EPS is 1.76.

What is the Fund Sentiment?

There are 2352 funds or institutions reporting positions in Ford Motor. This is a decrease of 42 owner(s) or 1.75% in the last quarter. Average portfolio weight of all funds dedicated to F is 0.20%, a decrease of 13.08%. Total shares owned by institutions increased in the last three months by 5.12% to 2,246,469K shares. The put/call ratio of F is 0.90, indicating a bullish outlook.

What are Other Shareholders Doing?

 

Newport Trust holds 153,595K shares representing 3.84% ownership of the company. In its prior filing, the firm reported owning 147,546K shares, representing an increase of 3.94%. The firm increased its portfolio allocation in F by 12.39% over the last quarter.

VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 121,282K shares representing 3.03% ownership of the company. In its prior filing, the firm reported owning 120,074K shares, representing an increase of 1.00%. The firm increased its portfolio allocation in F by 1.04% over the last quarter.

VFINX – Vanguard 500 Index Fund Investor Shares holds 91,360K shares representing 2.28% ownership of the company. In its prior filing, the firm reported owning 91,305K shares, representing an increase of 0.06%. The firm increased its portfolio allocation in F by 0.53% over the last quarter.

Charles Schwab Investment Management holds 81,407K shares representing 2.03% ownership of the company. In its prior filing, the firm reported owning 23,717K shares, representing an increase of 70.87%. The firm increased its portfolio allocation in F by 208.46% over the last quarter.

Geode Capital Management holds 70,775K shares representing 1.77% ownership of the company. In its prior filing, the firm reported owning 69,912K shares, representing an increase of 1.22%. The firm increased its portfolio allocation in F by 1.47% over the last quarter.

Ford Motor Background Information
(This description is provided by the company.)

Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets, and services a full line of Ford cars, trucks, SUVs, electrified vehicles, and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company, and is pursuing leadership positions in electrification; mobility solutions, including self-driving services; and connected services. Ford employs approximately 187,000 people worldwide.

Additional reading:

• For news releases, related materials and high-resolution photos and video, visit www.media.ford.com. Ford Continues Its Sales Momentum as America’s No. 1 Brand, Truck and Truck Manufacturer Through Second Quarter • Ford is America’s No. 1 brand for s
• NEWS For news releases, related materials and high-resolution photos and video, visit www.media.ford.com. https://ford.to/tweets https://ford.to/facebook https://ford.to/linkedin Ford EV Customers To Gain Access to 12,000 Tesla Superchargers; Company
• NEWS 1 www.facebook.com/ford www.medium.com/@ford www.twitter.com/ford www.instagram.com/ford Company Says Ford+ is Maximizing Value for Customers, Improving Business Resilience, Efficiency, Growth, Margins • Capital markets event today will feature
• Exhibit 10.1
• Exhibit 10.2

This article originally appeared on Fintel

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