Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Ford Motor (F) and Nio (NIO).
Ford Motor (F)
Nomura analyst Anindya Das maintained a Hold rating on Ford Motor on April 30 and set a price target of $11.00. The company’s shares closed last Monday at $11.63.
According to TipRanks.com, Das is a 1-star analyst with an average return of -0.8% and a 58.6% success rate. Das covers the Consumer Goods sector, focusing on stocks such as General Motors, GoodYear Tire, and Stellantis.
Ford Motor has an analyst consensus of Moderate Buy, with a price target consensus of $13.41, implying a 16.0% upside from current levels. In a report issued on April 15, UBS also maintained a Hold rating on the stock with a $13.00 price target.
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Nio (NIO)
In a report issued on April 30, Martin Heung from Nomura maintained a Buy rating on Nio, with a price target of $81.00. The company’s shares closed last Monday at $39.54.
According to TipRanks.com, Heung is ranked #6405 out of 7490 analysts.
Nio has an analyst consensus of Moderate Buy, with a price target consensus of $60.04, a 48.8% upside from current levels. In a report issued on April 16, Deutsche Bank also maintained a Buy rating on the stock with a $70.00 price target.
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