Goldman Sachs Reaffirms Their Hold Rating on Ford Motor (F)

In a report released yesterday, Mark Delaney from Goldman Sachs maintained a Hold rating on Ford Motor, with a price target of $14.00.

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According to TipRanks, Delaney is a 5-star analyst with an average return of 21.9% and a 64.18% success rate. Delaney covers the Consumer Cyclical sector, focusing on stocks such as General Motors, Tesla, and Ford Motor.

In addition to Goldman Sachs, Ford Motor also received a Hold from Barclays’s Dan Levy in a report issued on February 27. However, on February 17, Piper Sandler maintained a Buy rating on Ford Motor (NYSE: F).

Based on Ford Motor’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $45.89 billion and a GAAP net loss of $11.06 billion. In comparison, last year the company earned a revenue of $48.21 billion and had a net profit of $1.82 billion

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of F in relation to earlier this year. Last month, William Clay Ford, the Executive Chair and Chair of F bought 140,000.00 shares for a total of $1,933,400.00.