This move followed a near 15% decline in the company’s stock price over the past few months. The first of these is that Ford failed to effectively communicate how it plans to negotiate the future auto market. Accordingly, we have lowered our price estimate for Ford’s stock from $14 to around $12.50, which is around 10% higher than the current market price. One reason for the lower valuations of the automotive divisions is the potential impact of ride sharing and autonomous driving on overall vehicle sales. See More at Trefis | View Interactive Institutional Research (Powered by Trefis) Get Trefis TechnologyLike our charts?

Source: Forbes June 06, 2017 17:48 UTC