Is RACE stock a buy?

Is RACE stock a buy?

Today RACE ranks #3216 as buy candidate.

Does Ferrari sell stock?

Ferrari trades on the New York Stock Exchange (NYSE) under the ticker symbol “RACE.”

What Italian sports car manufacturer trades on the nasdaq stock market under the symbol RACE?

Ferrari engineers and manufactures some of the world’s most expensive exotic sports cars. The Ferrari brand is synonymous with Formula One racing, exclusivity, Italian design, and state-of-the-art technology.

Should I buy Ferrari shares?

Is Ferrari a good stock to buy? Possibly. The market around Ferrari has been very bullish over the past 12 months, and we don’t know when that will change. While predictions are very often wrong, we should note that the consensus around this stock seems to be somewhat pessimistic.

Is Ferrari a good stock?

Morgan Stanley has Ferrari listed as its top among electric vehicle stocks for 2022, and the average 12-month price target for all analysts covering the company is $294. That target price reflects a 31% upside from the current price of $224 — just one of many reasons Ferrari is a buy.

Is Ferrari listed in the US?

The initial public offering of common shares of Ferrari N.V. (“Ferrari”) occurred on October 21st, 2015 at USD 52 per common share (IPO price range: USD 48 – 52 per common share) on the New York Stock Exchange (“NYSE”) operated by NYSE Euronext.

Is Ferrari a private company?

Currently, Ferrari is primarily owned by the public: 67.09% Public. 22.91% Exor N.V. (Owners of FCA)

Will Ferrari stock go up?

Stock Price Forecast The 18 analysts offering 12-month price forecasts for Ferrari NV have a median target of 209.96, with a high estimate of 300.00 and a low estimate of 135.34. The median estimate represents a +11.75% increase from the last price of 187.88.

How can I buy Ferrari stock?

How to buy shares in Ferrari N-V

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details.
  4. Research the stock.
  5. Purchase now or later.
  6. Check in on your investment.

How many shares of Ferrari are there?

The share capital of Ferrari amounted to €2,573 thousand, consisting of 193,923,499 common shares and 63,349,112 special voting shares, all with nominal value of €0.01 per share, as at December 31, 2021.

What exchanges is Ferrari listed on?

Who now owns Ferrari?

ExorFerrari S.p.A. / Parent organization

Who owns Ferrari today?

Who Owns Ferrari Today? After restructuring to establish Ferrari N.V. as the holding company of the Ferrari Group, FIAT Chrysler Automobiles (FCA) sold 10% of their shares and distributed their remaining 80% of shares among FCA shareholders. 10% of Ferrari was and continues to be owned by Piero Ferrari (son of Enzo).

Is Ferrari stock a good buy?

Is Ferrari worth investing?

Who owns the most Ferrari stock?

Major holders

Shareholder(1) – As of February 14, 2022 % of outstanding common shares
Mr. Piero Ferrari(2)(6) 10.30%
BlackRock, Inc.(3) 5.84%
T. Rowe Price Associates, Inc.(4) 4.04%
Other public shareholders 55.61%

Who owns the most shares of Ferrari?

Currently, Ferrari is primarily owned by the public: 67.09% Public. 22.91% Exor N.V. (Owners of FCA) 10.00% Piero Ferrari.

What is the ticker symbol for Ferrari?

Ferrari trades on the New York Stock Exchange (NYSE) under the ticker symbol “RACE.” Who are Ferrari’s major shareholders? Ferrari’s stock is owned by a number of institutional and retail investors.

Do analysts agree on Ferrari’s (Ferrari) stock’s price target?

According to analysts’ consensus price target of $256.30, Ferrari has a forecasted upside of 2.1% from its current price of $251.01. Ferrari has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

What happened to the shares of Ferrari after the merger?

The common shares and special voting shares held by Ferrari in Predecessor Ferrari were cancelled pursuant to the merger. Ferrari (having been renamed Ferrari N.V. in connection with the merger) became the parent company of the Ferrari business upon effectiveness of the merger on January 3, 2016.

How much of Ferrari’s stock is owned by institutions?

Only 32.66% of the stock of Ferrari is held by institutions. Earnings for Ferrari are expected to grow by 8.63% in the coming year, from $4.75 to $5.16 per share.