What 10 Analyst Ratings Have To Say About Ferrari
Portfolio Pulse from Benzinga Insights
In the last quarter, Ferrari (NYSE:RACE) received 9 somewhat bullish and 1 indifferent analyst ratings. The company's average 12-month price target is $324.0, with a high of $340.00 and a low of $300.00. This average price target has increased by 2.05% over the past month.
August 18, 2023 | 8:00 pm
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POSITIVE IMPACT
Ferrari received mostly somewhat bullish analyst ratings in the last quarter, which could indicate positive sentiment towards the stock. The increase in the average price target over the past month also suggests potential upside.
Analyst ratings are often used as a gauge of market sentiment towards a stock. In this case, the majority of ratings for Ferrari are somewhat bullish, suggesting that analysts have a positive outlook on the stock. Additionally, the increase in the average price target over the past month indicates that analysts see potential for the stock's price to rise.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100