Stock Update: Ford Motor Company (NYSE:F)

[BusinessWire] Ford Motor Company (NYSE:F) has elected to exercise its right to terminate the conversion rights with respect to its 4.25% Senior Convertible Notes due Nov. 15, 2016 (the “Notes”), effective Nov. 20, 2014 (the “Conversion Rights Termination Date”), in accordance with the terms of the Notes.Holders of the Notes may elect to convert their Notes until the close of business on Nov. 19, 2014. Ford intends to settle all conversions with shares of Ford Common Stock.Stock PerformanceTaking a look at the company’s recent performance, Ford Motor Company (F) reported Second quarter earnings for fiscal year 2014 on July 22^nd. The company reported actual earnings per share of $0.32 against the consensus Street estimate of $0.38. This represents year over year growth of 13.72%. Ford Motor Company posted revenue of $37.40 billion against estimates of $38.13 billion.Ford Motor Company (F) is currently valued at $55.16 billion and closed the last trading session at $14.17. The stock has a 50-day moving average of $16.63 and a 200-day moving average of $16.54.

Is this a Buying Opportunity?There are currently twenty two analysts that we track that cover the stock. Of those twenty two, nine have a Buy rating, one has strong buy rating, ten have a Hold rating and two have a Sell rating. On a consensus basis this yields a score of 2.41 and a Hold. The combined price objective of these covering analysts is $17.91, which represents a 22.73% upside difference to the last closing price.The most recent analyst activity consisted of Citigroup Inc. reiterating their buy stance on the company. Citigroup Inc. has a price target of $21.0 to $18.0 which represents an upside of 19.11% from the last closing price. On the date of the report, the stock closed at $14.79.Another research firm weighing in recently was Deutsche Bank who also reiterated their rating on the stock. On September 30^th Deutsche Bank boosted their price target on the stock from $20.0 to $18.0, or a 19.11% upside to the current price. On the day of the report, Ford Motor Company shares closed at $14.79.Company ProfileFord Motor Company (NYSE:F) develops, manufactures, distributes, and services vehicles, parts, and accessories worldwide. The company operates through two sectors, Automotive and Financial Services. The Automotive sector offers vehicles primarily under the Ford and Lincoln brand names. It markets cars, utilities, trucks, service parts, and accessories through distributors and dealers in North America, South America, Europe, Turkey, Russia, and the Asia Pacific region. This sector also sells vehicles to dealers for sale to fleet customers, including commercial fleet customers, daily rental car companies, and governments, as well as provides maintenance and repair services. The Financial Services sector offers various automotive financing products to and through automotive dealers.