General Dynamics Corporation (GD) : Analyst Rating Update

General Dynamics Corporation (GD) has an average broker rating of 1.5, which is interpreted as a Strong Buy, as rated by 14 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

General Dynamics Corporation (GD) : Average target price received by General Dynamics Corporation (GD) is $164.89 with an expected standard deviation of $7.32. The most aggressive target on the stock is $175, whereas the most downbeat target is $152. 9 financial analysts are currently covering the stock.

General Dynamics Corporation (NYSE:GD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $138.14 and $136.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $140.03. The buying momentum continued till the end and the stock did not give up its gains. It closed at $139.89, notching a gain of 1.07% for the day. The total traded volume was 1,998,702 . The stock had closed at $138.41 on the previous day.

Also, Brokerage firm Goldman Sachs maintains its rating on General Dynamics Corporation (NYSE:GD). As per the latest information, the brokerage house raises the price target to $147 per share from a prior target of $151. The shares have been rated Neutral. The rating by the firm was issued on May 2, 2016. The company shares have dropped -2.71% from its 1 Year high price. On Aug 19, 2015, the shares registered one year high at $153.76 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $140.47 and the 200 Day Moving Average price is recorded at $136.29.

General Dynamics Corporation is an aerospace and defense company that offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; communications and information technology systems and solutions, and military and commercial shipbuilding. The Company operates through four business groups: Aerospace, Combat Systems, Information Systems and Technology and Marine Systems. Aerospace group designs, manufactures and outfits a family of Gulfstream business-jet aircraft and provides aircraft services. Combat Systems group is engaged in systems engineering, spanning design, development, manufacture and support of military vehicles, weapons systems and munitions. Marine Systems group designs, builds and supports submarines and surface ships. Information Systems and Technology group provides technologies, products and services that support a range of military, federal/civilian and commercial information-systems requirements.

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