Broker recommendations for Ferrari NV
The Ferrari NV stock is rated at 1.525 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Tuesday 7 July, 2020 by a total of 20 brokers. This means that the consensus of the 20 different brokers is leaning toward to overweight (moderate buy).
Sell
3 (15%) Underweight
0 (0%) Hold
3 (15%) Overweight
3 (15%) Buy
11 (55%)
Price target by analysts
The 18 latest analyst estimates, per Wednesday 12 August, 2020, show the following high, low and average price targets.
Target Average: 195.47 USD
Target High: 265 USD
Target Low: 117.66 USD
Vettel not expecting an early Ferrari exit
Thursday, 13 August 2020, 20:30:34
Sebastian Vettel says he expects to spend the rest of the season with Ferrari and won’t be leaving the team earlier than expected.
— Seven News
Formula 1: Vettel expects to see out the season at Ferrari
Thursday, 13 August 2020, 18:44:34
Four times Formula One champion Sebastian Vettel recognised he was sailing through a ‘rough sea’ but said on Thursday there had been no talks with Ferrari about parting ways before the end of the season.
— Channel NewsAsia
‘He’s a massive asset for the team’: Ferrari pledge full support to struggling Sebastian Vettel
Thursday, 13 August 2020, 18:28:02
The Ferrari team’s sporting director Laurent Mekies said it was their ‘duty’ to give four-time champion Sebastian Vettel solid backing.
— Scroll
Vettel expects to see out the season at Ferrari
Thursday, 13 August 2020, 17:55:37
Four times Formula One champion Sebastian Vettel recognised he was sailing through a ‘rough sea’ but said on Thursday there had been no talks with Ferrari about parting ways before the end of the season.
— Channel NewsAsia
Morgan Stanley hikes price target for Ferrari, says SUVs and electric vehicles will fuel growth
Wednesday, 12 August 2020, 20:16:04
Morgan Stanley’s Adam Jonas said in a note that Ferrari is well-positioned to benefit from a shift into SUVs and electric vehicles, including the upcoming Purosangue.
— CNBC
