Analysts at Credit Suisse (CS) lowered their 12-month base case estimate on shares of Ford Motor Co. (F) to $15.50 from $18 in a research report released on Tuesday morning. The firm also reduced estimates following the co.’s 2014 guidance update and initial 2015 outlook citing broad-based weakness for both. Ford had its price target lowered also at UBS to $19 from $22, and to $16 at RBC Capital Markets.
On valuation-measures, shares of Ford, currently valued at $58.53B/$14.76, have a median Wall Street price target of $20.00 with a high target of $23.00. Approximately 88M shares have already changed hands, compared to the stock’s average daily volume of 25,063,200.
In the past 52 weeks, shares of Dearborn, Michigan-based auto maker have traded between a low of $14.40 and a high of $18.12 with the 50-day MA and 200-day MA located at $16.92 and $16.58 levels, respectively. Additionally, shares of F trade at a P/E ratio of 0.92 and have a Relative Strength Index (RSI) and MACD indicator of 21.28 and -0.80, respectively.
Ford currently prints a one year loss of 12.42% and a year-to-date loss of 4.24%.
The chart below shows where the equity has traded over the last 52 weeks, with the 50-day and 200-day MAs included.