By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: The Ferrari 612 Scaglietti
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Sports > Formula One > The Ferrari 612 Scaglietti
2021

The Ferrari 612 Scaglietti

Paul Ebeling
Last updated: April 16, 2021 10:06 am
Paul Ebeling
Share
6 Min Read
SHARE

#Ferrari #612 #Scaglietti

$RACE

“From early 2008 the 612 Scaglietti was a Ferrari’s OTO, aka One To One model whereby invited clienti hand-picked colors, materials and options in order to fully personalize their Supercar” — Paul Ebeling

The 612 became the basis for 3 Special Edition models. The most notable being the Sessanta built in a run of 60 examples to mark the 60th anni of Ferrari.

The doors of this car open wide to give easy entry to a lavish interior.

With its airy feel from the glass roof, the cabin is an uplifting mixture of the finest leather and satin-finish aluminum details.

The thick-rimmed steering wheel has a red ‘engine start’ button and the famed manettino for selecting sport, comfort and track driving/suspension modes.

The trunk came with Pininfarina-designed fitted luggage and the seats are on the roomy side of the 2+2 range, comfortable got children and packages but not for full-sized adults.

The dual-zone air conditioning is efficient and the Bose sound system is excellent. The 612 even has parking sensors and a reversing camera. You learn to trust the latter feature in a car that goes in reverse nicely, keeping to the desired trajectory.

Now let’s go forward

After warming up the V12 a bit, moving off, you can press the full auto button on the center console or flick through the gears on the paddle-shifters, which are fixed in place rather than attached the steering wheel.

Like the 456M it replaced this Ferrari runs peacefully at low speeds, and sometimes that is important.

The chassis lives up to expectations, offering a neutral resistance to understeer and body roll that is something close to lovely. The 612S is a very agile and sophisticated gentleman’s car designed to seat 4.

The result is a fine modern Grand Touring machine, a 4-place Ferrari created with a real focus on the task, an urge to do something different and definitive in the world of exotic 4-seaters perhaps not seen since the Lamborghini Espada of which I had 1 of the 1st.

The 612 Scaglietti possesses that essential sense of theatre and occasion that makes it very much a Prancing Horse that can break any national speed limit in 2nd gear.

Here is the Official 612S commercial

Ferrari is The Aristocrat of the automotive sector.

Enzo Ferrari’s iconic Italian Supercar manufacturer claimed the title according to the latest Brand Finance Global 500 2019 report launched at the World Economic Forum in Davos

Our overall technical outlook is still Bullish, a Key indicators are Bullish long-term. Ferrari reported strong earnings for Q-3 on 3 November and did the same for Q-4 and F-Y 2020 as reported on 2 February.

Ferrari closed Friday 197.38 within its 52 wk range of 127.73 – 233.66 in NY. It’s all time high in NY was marked at 233.66 intraday on 29 December.

All of our technical indicators have turned Bearish with a Neutral bias in here. Ferrari’s stock is still very oversold in here, but the pattern still indicates the confirmation of the break out at 196.01 on 3 November and has confirmed.

The Key support is at 197.25 and the Key resistance is at 205.93 at the close Friday in NY.

Note: At the beginning of Y 2020 I called RACE at 230 by year’s end, the stock was trading at 165.22 on 1 January 2020, on 29 December 2020 it marked 233.66 intraday, its all time high

The Maranello Outfit’s shares were raised to Buy from Hold at HSBC, and Buys at Morgan Stanley and Bank of America.

UBS is now calling the stock at 365. Citi downgraded the stock from Neutral to sell. I have not seen any other Street downgrades.

Ferrari will continue to create value in the long term as it becomes the world’s 1st Super Luxury brand.

Ferrari is a quality 1st long term luxury products investment, BAML raised its call to 270 long term.

I have raised my long term target to 375, a Strong Bull call, the strongest on the Street and am holding the mark during this recent profit taking, and seeing RACE as a buying opportunity.

Ferrari has an average rating of Buy and a consensus target price at 243.60.

The Maranello Outfit’s shares were raised downgraded from Buy to Hold at HSBC Thursday.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term luxury products investment, and I am calling it 375 long term, the Top on the Street, and adjusting it to 250/share short term.

A number of large investors have recently bought shares of RACE, and there has been just 1 instance of insider selling over the past yr that we have seen.

The stock is considered defensive in the sector.

Have a healthy weekend, Keep the Faith!

You Might Also Like

WW3 Will Trump Attack Iran as a Show of Strength to Russia and China? $QQQ $SPY $BTC

Buy the War Stocks $LMT $GD $NOC $RTX $BA

$BABA, $BIDU, $JD, $NIO, and Other Chinese Stocks are Bargains

Tokenization of the Entire Financial Sector Is Inevitable

Knightsbridge: Pioneering a Corporate Currency Revolution

TAGGED:analystsbrandBullishbuyearningsEPSF1FerrarigrowthinvestmentinvestorsluxuryMaranellopatternproductsprofitraceresistancesalesScagliettiSECstakeholdersstockSupercarsupportundervaluedvalueWallStreet

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
Previous Article Home Away from Home with International Flair
Next Article Conservatism is Alive and Well in America


Latest News

Specific Parts of the Donald Trump Bill Upsetting Elon Musk
Headline News Opinion Politics Shayne Heffernan Shayne Heffernan Stocks June 7, 2025
Still a Strong Buy $BABA
Alibaba Group Holding Ltd (NYSE:BABA) America China Headline News Most Popular Opinion Politics Shayne Heffernan Tech today June 4, 2025
Top U.S.-Listed Bitcoin Companies $BMNR $MARA $RIOT $CIFR $CORZ $COIN
Bitcoin Headline News Must Read Opinion Shayne Heffernan Shayne Heffernan Stocks June 4, 2025
Saudi Red Sea: A Rising Star in Luxury Tourism
Featured Headline News Lifestyles of the RIch and Famous Living Luxury Real Estate Top Stories Travel June 4, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?