On Wednesday, Citigroup reported that it has raised estimates on Ford Motor Company (F).
The firm has boosted its estimates on Ford due to its Asia Pacific share gains. Citigroup currently has a a $20 price target on Ford, suggesting a 13% upside from the stock’s current price of $17.44.
Ford shares were down 8 cents, or 0.46%, during pre-market trading Wednesday. The stock is up 35% YTD.The Bottom Line
Shares of Ford Motor Company (F) have a 2.29% yield based on Tuesday’s closing price of $17.44.
Ford Motor Company (F) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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