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Jefferies Thinks Ford Motor’s Stock is Going to Recover


Jefferies analyst Philippe Houchois reiterated a Buy rating on Ford Motor (NYSE: F) today and set a price target of $13. The company’s shares closed yesterday at $9.15, close to its 52-week low of $9.09.

According to TipRanks.com, Houchois is a 4-star analyst with an average return of 21.4% and a 65.4% success rate. Houchois covers the Consumer Goods sector, focusing on stocks such as Fiat Chrysler Automobiles, General Motors, and Tesla.

Ford Motor has an analyst consensus of Moderate Buy, with a price target consensus of $11.52.

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The company has a one-year high of $13.33 and a one-year low of $9.09. Currently, Ford Motor has an average volume of 39.83M.

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Ford Motor Co. engages in the manufacture, distribution, and sale of automobiles. It operates through the following segments: Automotive and Financial Services. The Automotive segment engages in designing, manufacturing, marketing and servicing of Ford cars, trucks, SUVs, and electrified vehicles, as well as Lincoln luxury vehicles.