The All-New 2018 Camry Helped Toyota Pass Ford
Toyota (NYSE: TM) said its U.S. sales rose 15% in September, on a surge in demand driven in part by hurricane recovery efforts, and partly by an all-new version of its most popular sedan.
Toyota's sales increase outpaced the 9.3% average estimate from Wall Street analysts polled by Bloomberg. It was the largest year-over-year increase in U.S. sales posted by any major automaker, a great result in what was a good month for many rivals.
Toyota even managed a feat that it only pulls off occasionally, one good for bragging rights: It out-sold Ford Motor Company (NYSE: F) to secure second place in the U.S. sales rankings for the month.
Source: Fool.com
Ford Motor Co. Stock
Currently there is a rather positive sentiment for Ford Motor Co. with 11 Buy predictions and 3 Sell predictions.
As a result the target price of 14 € shows a positive potential of 41.7% compared to the current price of 9.88 € for Ford Motor Co..