So many analysts are turning bullish on Ford (NYSE:F) it causes one to pause and take a breather to see if it's getting too positive out there.
UBS (NYSE:UBS) added shares of Ford to their "Key Calls List," while also increasing their price target from $19 to $21.
Barclays (NYSE:BCS) raised their price target to a new Street high of $23, raising it from it prior target of $17. Barclays has an "Overweight" rating on Ford.
Soleil has a "Buy" rating on Ford and bumped up their price target from $20 to $22.
Even Credit Suisse (NYSE:CS), which has an "Underperform" on Ford increased their price target on them from $14 to $17.
It wouldn't be surprising for Ford to pull back some after their run-up over the last couple of months, as they've went up fast for a company that hasn't proved yet it can execute.
Ford closed Monday at $18.31, up $0.04, or 0.22 percent.
Tuesday, January 11, 2011
Analysts Getting Frisky with Ford (NYSE:F)
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11 comments:
What are you drinking, you goof? Ford has gone up because Alan Mulally has proven they can "execute." All without discharging billions of dollars of debt. Ford is producing and selling the best cars in the industry, and profitably. Do a bit of research, and stop with your bad hillbilly grammar ("they've went up fast..."). Knee-jerk bullish comments such as yours should not even be published. GM is up, and they surely have not proven they can "execute" efficiently. they still have a mountain ahead of them. Get serious.
Sorry. I meant to sya "bearish comments", not bullish.
yeah, most profitable car company in the world can't execute.....
The empirical data indicates that Ford has been executing their plan quite nicely over the past 3-4 years. I doubt that they will deviate from that plan anytime soon.
In my opinion, the most pressing challenge for Ford will be getting UAW labor costs in line Government Motors.
The author isn't saying Ford is a bad company- he is simply stating that the price has gone up dramatically very quickly which is always emphasis for profit taking...common guys, Ford is a great company with great vehicles, but hitting ten year highs a little more than a year and a half after multiyear lows...
Think about it.
Look at the facts, not the history.
Prices on the exchange are based on Future performance- and vis a vis it's competitors Ford is firing on all Cylinders. It has already had a bit of a pause 16-17 for a while now. I think 22-25 per share target is not unreasonable.
GM is a bit behind for 2011- This is clearly the year for Ford:
http://www.bloomberg.com/news/2011-01-11/gm-pitches-small-cars-as-product-schedule-enters-lull-period-.html
Yes... the history just serves as a reminder of how not to do successfully. "Too big to fail" behavior is a thing of the past. We can only learn from the historical mistakes made. We can't base the future on those mistakes. Looking at the current business model of Ford Motor Co., all analysts are seeing a forward-looking company with an eye toward meeting or even exceeding the demands of the customer. The positive press resulting from even the introduction of their new electric cars at the Detroit auto show is pushing the share price. The excellent business practices are taking the company itself higher.
The redeeming virtue of nay sayers and short sellers is that they give us a chance to buy now and then. Other than that, they are a rather distasteful bunch.
Ford are worth more than their share price.
Every single time, investors use scare tactics regarding Ford, it's for one reason: to dump the stock, and re-purchase it at a cheaper price. The point to remember is that they keep coming back. Why? - because Ford is actually the most stable of American auto companies. They have a rock-solid business strategy, long-term vision, and everything they are doing is paying off. They've downsized and cut wages far enough. They've invested heavily in R&D. Every new design is paying off in a huge way.
Ford aren't going away: give them a few more years, and they'll displace GM entirely as #1.
. . . wouldn't be surprising for Ford to pull back some after their run-up over the last couple of months, as they've went up fast for a company that hasn't proved yet it can execute.
The point that a pull-back may be coming after the recent run-up is a completely valid one to make, but it strains your credibility beyond belief to suggest that Ford is a company that hasn't proven it "can execute."
Execution is exactly why it's where it is today instead of the $2.00 range of two years ago.
Really.
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