Analyst Price Target is $456.67
▲ +8.06% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Ferrari in the last 3 months. The average price target is $456.67, with a high forecast of $512.00 and a low forecast of $400.00. The average price target represents a 8.06% upside from the last price of $422.62.
Current Consensus is
Hold
The current consensus among 10 contributing investment analysts is to hold stock in Ferrari. This Hold consensus rating has held steady for over two years.
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. The company was founded in 1947 and is headquartered in Maranello, Italy.
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