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UBS Keeps Their Buy Rating on Ferrari (RACE)

Tipranks - Tipranks - Thu Apr 2, 3:30AM CDT

UBS analyst Zuzanna Pusz maintained a Buy rating on Ferrari today and set a price target of $555.00.

End of Quarter Sale - 50% Off TipRanks

According to TipRanks, Pusz is a 4-star analyst with an average return of 5.1% and a 52.13% success rate. Pusz covers the Consumer Cyclical sector, focusing on stocks such as Compagnie Financiere Richemont SA, Hermes International, and Kering SA.

In addition to UBS, Ferrari also received a Buy from Barclays’s Henning Cosman in a report issued today. However, on March 26, TipRanks – xAI reiterated a Hold rating on Ferrari (NYSE: RACE).

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The company has a one-year high of €449.80 and a one-year low of €269.00. Currently, Ferrari has an average volume of 593.5K.

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RACE in relation to earlier this year.

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