General Motors Company (GM) has been rated by 12 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $50 and the lowest price target forecast is $29. The average forecast of all the analysts is $37.17 and the expected standard deviation is $5.86.
General Motors Company (GM) : Zacks Investment Research ranks General Motors Company (GM) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.21, which indicates as a Buy.
Also, Jefferies initiates coverage on General Motors Company (NYSE:GM).The analysts at the brokerage house have a current rating of Hold on the shares. In a recent information released to the investors, Jefferies announces the price target of $33 per share. The rating by the firm was issued on August 9, 2016.
General Motors Company (NYSE:GM): The stock opened at $31.86 on Thursday but the bulls could not build on the opening and the stock topped out at $32.55 for the day. The stock traded down to $31.34 during the day, due to lack of any buying support eventually closed down at $31.80 with a loss of -0.38% for the day. The stock had closed at $31.92 on the previous day. The total traded volume was 14,898,781 shares.
General Motors Company (General Motors) designs, builds and sells cars, trucks and automobile parts across the world. The Company also provides automotive financing services through General Motors Financial Company, Inc. (GM Financial). The Companys four automotive segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO) and GM South America (GMSA). The Company also sells cars and trucks to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies and governments. The Company offers 13 FlexFuel vehicles in the United States for the 2015 model year plus an additional four models to fleet and commercial customers capable of operating on gasoline, E85 ethanol or any combination of the two.