You Can Now Buy Ford Shares, Vetr Top Raters Say

Shares of Ford Motor Company F had plummeted over the first few weeks of the year, but have managed to recuperate since their February lows. However, the stock is still down more than 4.5 percent year-to-date, and almost 1.6 percent over the past month alone. However, over the past week, shares rebounded almost 2 percent, and the crowd seems to believe the recovery will go on.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Consequently, on Friday, top raters at the Vetr community decided to upgrade their rating on shares of Ford, from 3.0 Stars (Hold) to 3.5 Stars (Buy) - out of a possible 5.0 Stars rating.

The new rating seems more aligned with the crowd’s target price of $14.10, which implies an upside potential of roughly 4.8 percent from current valuations.

However, it should be noted that 77 percent of the crowd’s rating are bullish, meaning that the crowd as a whole is slightly more optimistic than the top raters.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.