Ferrari: Still the Widest Moat in Auto?
(NYSE: RACE) has put together a winning return, with shares soaring 719% in the past decade (as of April 24).
However, investors might be discouraged by the company's share price slipping in the past nine months. They trade 32% off their record, which might force you to call the durability of Ferrari's success into question.
Does this luxury stock still possess the widest economic moat in the entire automotive sector?
Source Fool.com
Ferrari NV Stock
€352.95
-0.700%
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
As a result the target price of 417 € shows a slightly positive potential of 18.15% compared to the current price of 352.95 € for Ferrari NV.
