Is Ford Finally Turning the Corner in Europe?
Things are looking up for Ford Motor Company (NYSE: F) in Europe. Ford said that its sales in Europe rose 4% in November from a year ago, its second monthly year-over-year increase after five consecutive months of declines.
The story in one sentence? After months of shortages, more all-new Fiestas are finally reaching Ford's European dealers.
Ford sold about 108,100 vehicles in November in the 20 Western and Central European markets that it considers its primary market in Europe (the "Euro 20," in Ford's lingo). That was up 4%, or about 4,200 vehicles, from its total in November 2016.
Source: Fool.com
Ford Motor Co. Stock
€12.04
0.840%
We see a rather positive sentiment for Ford Motor Co. with 12 Buy predictions and 2 Sell predictions.
With a target price of 14 € there is a slightly positive potential of 16.28% for Ford Motor Co. compared to the current price of 12.04 €.
