|Bid||192.25 x 800|
|Ask||194.25 x 800|
|Day's Range||190.62 - 193.83|
|52 Week Range||127.73 - 193.83|
|Beta (5Y Monthly)||0.92|
|PE Ratio (TTM)||42.95|
|Earnings Date||Jan 31, 2018 - Feb 05, 2018|
|Forward Dividend & Yield||1.23 (0.67%)|
|Ex-Dividend Date||Apr 20, 2020|
|1y Target Est||184.53|
Ferrari's stock price could double as it produces its first sport utility vehicle and plans a dive into electric cars, Morgan Stanley says.
“Ferrari is entering a higher phase of growth and a tech transition that takes investor thinking beyond the limits of luxury goods comps. and can grow the super-luxury pie much faster and more sustainable than the market expects,” said Morgan Stanley’s equity analyst Adam Jonas, who raised his base-case forecast of an Italian luxury sports car manufacturer to $265 from $180.
SHYF vs. RACE: Which Stock Is the Better Value Option?