BofA update shows where active managers are putting money
Ford Motor stock reached a 52-week high of $11.98, reflecting a significant milestone for the automaker. The stock’s impressive performance includes a 31% gain over the past six months and a robust year-to-date return of 27%. With a market capitalization of $47.6 billion and an attractive dividend yield of 6.3%, Ford continues to reward shareholders. The rise in stock price may be attributed to various factors, including strategic initiatives and market conditions that have favored the automotive industry. Investors are closely watching Ford’s next moves as the company continues to navigate the competitive landscape. According to InvestingPro, which offers 13 additional valuable insights about Ford, the stock is currently trading slightly above its Fair Value. For comprehensive analysis, including detailed financial health scores and expert projections, explore Ford’s Pro Research Report, part of InvestingPro’s coverage of 1,400+ US stocks.
In other recent news, Ford Motor Company is addressing significant vehicle recalls in the United States. The automaker is recalling over 355,000 vehicles due to an instrument panel display issue, as reported by the National Highway Traffic Safety Administration (NHTSA). Additionally, Ford is recalling 41,875 vehicles because of faulty rearview cameras that may display blank or distorted images, potentially increasing crash risks. In another development, Ford announced a $2 billion investment in its Louisville Assembly plant to produce a new midsize electric truck. This investment is part of a broader strategy that includes a $3 billion commitment in Michigan for prismatic LFP batteries. UBS has maintained its Neutral rating and $11.00 price target on Ford, noting that the investment is already included in the company’s existing financial guidance. Meanwhile, Bernstein has reiterated its Underperform rating with an $8.30 price target, citing tariff pressures and special items affecting Ford’s earnings. BofA Securities continues to support Ford with a Buy rating and a $14.00 price target, highlighting the potential of Ford’s new Universal Vehicle Platform for electric vehicles.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.