Reaching the Mark
Shares of Ford Motor Co. have surpassed the average analyst 12-month target price of $14.07, now trading at $14.23/share. When a stock hits the target set by analysts, it prompts a crucial juncture of decision-making for them.
Analyst Divergence
Within the Zacks coverage universe, there are 20 different analyst targets contributing to the average for Ford Motor Co. However, this average is merely a statistical mean. There are analysts with targets both below and above this average range, showcasing a divergence of opinions.
Insight into the Average
The purpose of examining the average price target is to harness the collective “wisdom of crowds,” amalgamating the insights of various analysts. With Ford’s stock exceeding the average target price, investors are nudged to reevaluate the company’s position and ponder whether the current price signifies an intermediate halt or a potential surge.
| Recent F Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Months Ago | 3 Months Ago |
| Strong buy ratings: | 7 | 7 | 6 | 6 |
| Buy ratings: | 0 | 0 | 0 | 1 |
| Hold ratings: | 8 | 8 | 8 | 8 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 2 | 3 | 3 | 3 |
| Average rating: | 2.41 | 2.56 | 2.65 | 2.61 |
Understanding Ratings
The average rating in the table ranges from 1 to 5, with 1 denoting Strong Buy and 5 being Strong Sell. Data utilized in this article is sourced from Zacks Investment Research via Quandl.com.
Further Resources
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