Ford Motor Co
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Consumer Discretionary : Automobiles | Mid Cap Value
Company profile

Ford Motor Company is a global automotive and mobility company. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations. The Automotive segment primarily includes the sale of Ford and Lincoln brand vehicles, service parts, and accessories across the world. The Financial Services segment primarily includes its vehicle-related financing and leasing activities at Ford Motor Credit Company LLC. Ford Smart Mobility LLC is a subsidiary formed to design, build, grow, and invest in emerging mobility services. The Central Treasury Operations segment is primarily engaged in decision making for investments, risk management activities, and providing financing for the Automotive segment.

Closing Price
Day's Change
0.07 (1.17%)
B/A Size
Day's High
Day's Low
(Below Average)

10-day average volume:

Plug Power's 'rapid growth' hopes leads to price target increase at J.P. Morgan

10:44 am ET June 30, 2020 (MarketWatch)

Analysts at J.P. Morgan increased their price target on Plug Power Inc. (PLUG) shares, saying they expect "rapid growth" for the hydrogen fuel-cell company. The analysts moved their price target to $8.50, from $6, implying a 6% upside for the shares, and kept their rating at their equivalent of hold. Plug Power's fuel-cell forklifts, used in warehousing, allow customers such as Inc. (AMZN) and Wal-Mart Inc. (WMT) to save money and improve productivity, the analysts said in a note Tuesday. The company also enjoys a "leading position" in hydrogen fueling infrastructure, which could be more efficient for commercial trucking than battery power, J.P. Morgan said. Plug Power shares have gained 154% this year, contrasting with losses around 5% and 11% for the S&P 500 index and the Dow Jones Industrial Average.

-Claudia Assis; 415-439-6400;

(END) Dow Jones Newswires

June 30, 2020 10:44 ET (14:44 GMT)

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