Shares of Ferrari N.V. (NYSE:RACE – Get Free Report) have received an average recommendation of “Moderate Buy” from the nineteen research firms that are currently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating, ten have issued a buy rating and three have assigned a strong buy rating to the company. Morgan Stanley reissued an “overweight” rating and issued a $442.00 target price on shares of Ferrari in a research note on Friday, July 31st. Citigroup reiterated a “neutral” rating on shares of Ferrari in a report on Monday. Rhumbline Advisers now owns 1,370 shares of the company’s stock valued at $672,000 after purchasing an additional 96 shares during the period.