
Ferrari (RACE) Receives a Buy from Kepler Capital
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According to TipRanks, Besson is a 2-star analyst with an average return of 0.3% and a 56.47% success rate. Besson covers the Industrials sector, focusing on stocks such as Renault, Compagnie Générale des Établissements Michelin, and Forvia.
Ferrari has an analyst consensus of Moderate Buy, with a price target consensus of $545.55, implying an 11.19% upside from current levels. In a report released on July 2, RBC Capital also maintained a Buy rating on the stock with a €490.00 price target.
RACE market cap is currently $116.5B and has a P/E ratio of 51.83.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RACE in relation to earlier this year.

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