Ford motor is a leading automobile company. Shares of the company are going in declining rate. The stocks were reduced from neutral to buy. While starting trading activities, the shares are down in the market. This firm also altered the price target on shares. It is also predicted that sales percentage in the upcoming period will go down.
The market for passenger cars will also down; this is because of heavy competition from other countries like Europe and Japan. They are offering cars at discounted price, so it’s quite struggle for Ford to increase their sales percentage. Profit will go down in the upcoming years and its quite challenging for the company. They need to face risk; though market is unpredictable, so they can take measures to navigate it.
It is expected that experts in the company will improve the company’s performance and move their share price up in the market.