A report released today by Berenberg Bank about General Motors Company (NYSE:GM) raises the target price to $29.00
- Updated: November 27, 2016
Boasting a price of $33.01, General Motors Company (NYSE:GM) traded 1.15% higher on the day. With the last stock price close up 9.91% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. General Motors Company has recorded a 50-day average of $32.24 and a two hundred day average of $31.16. Volume of trade was down over the average, with 5,317,746 shares of GM changing hands under the typical 13,389,300
General Motors Company (NYSE:GM) had its stock price target increased to $29.00 by Berenberg Bank in an issued report announced 11/22/2016. The bumped up target suggests a potential downside of -0.12% from the company's previous stock price close.
With a total market value of $0, General Motors Company has price-earnings ratio of 3.91 with a one year low of $26.69 and a one year high of $36.88 .
A total of 17 equity analysts have released a ratings update on GM. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $38.41.
Brief Synopsis About General Motors Company (NYSE:GM)
General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. The Company provides automotive financing services through General Motors Financial Company, Inc. (GM Financial). The Company's segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and GM Financial. The GMNA segment offers vehicles developed, manufactured and/or marketed under the Buick, Cadillac, Chevrolet and GMC brands in North America. The Company offers vehicles developed, manufactured and/or marketed under the Buick, Cadillac, Chevrolet, GMC, Holden, Opel and Vauxhall brands outside North America. In addition to the products it sells to its dealers for consumer retail sales, it also sells cars and trucks to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies and governments. GM Financial provides retail lending, both loan and lease, across the credit spectrum.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.