Analyst Rating Update on General Motors Company (GM)

General Motors Company (GM) : Zacks Investment Research ranks General Motors Company (GM) as 3, which is a Hold recommendation. 6 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 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.07, which indicates as a Buy.

General Motors Company (GM) : Currently there are 12 street experts covering General Motors Company (GM) stock. The most bullish and bearish price target for the stock is $50 and $29 respectively for the short term. The average price target of all the analysts comes to $38.08. The estimated standard deviation from the target is $6.05.

For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on General Motors Company (NYSE:GM). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm maintains the price target at $50 per share. The rating by the firm was issued on July 21, 2016.


General Motors Company (NYSE:GM): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.00 and $29.91 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.24, notching a gain of 1.04% for the day. The total traded volume was 14,489,952 . The stock had closed at $29.93 on the previous day.

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.

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