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At 51.8x Forward Earnings, Can Ferrari Stock (NYSE:RACE) Keep Rising?
Ferrari (NYSE:RACE) trades at a premium to most of the automotive sector. It has brand value, a significant economic moat, and maintains the best gross and operating margins in the sector.
Ferrari (RACE) Receives a Buy From RBC Capital
Kepler Capital Sticks to Their Hold Rating for Ferrari (RACE)
In a report released on March 26, Thomas Besson from Kepler Capital maintained a Hold rating on Ferrari , with a price target of €400.00. The company’s shares closed yesterday at $439.16.
Ferrari And SK On Speed Ahead With Renewed Battery Tech Collaboration: Details
Ferrari N.V. (NYSE:RACE) has signed a Memorandum of Understanding with battery manufacturing company SK On to renew the two companies' ongoing technological collaboration.As per the company's statemen
The unexpected collapse of the Baltimore Bridge in the US will have a huge impact on the automobile and coal supply chains
① A container freighter “Daly” crashed into the “Francis Scott Key” bridge in Baltimore, USA, causing the 2.5-kilometer long bridge to collapse within seconds. ② The disaster is likely to affect the US supply chain over the next few weeks, causing up to 2.5 million tons of coal, large quantities of automobiles, timber, and gypsum to be disrupted in transportation.
Ferrari (RACE) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest trading session, Ferrari (RACE) closed at $437.97, marking a -0.37% move from the previous day.
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