A statement released earlier today by Macquarie about General Motors (NYSE:GM) bumps the target price to $44.00
- Updated: December 1, 2016
Only yesterday General Motors (NYSE:GM) traded -0.12% lower at $34.53. The company’s 50-day moving average is $32.36 and its 200-day moving average is $31.21. With the last stock price close up 10.63% relative to the two hundred day average, compared to the S&P 500 which has decreased -0.03% over the same time period. 15,681,697 shares of the stock were exchanged, up from an average trading volume of 13,481,100
Macquarie upped the price target of General Motors (NYSE:GM) to $44.00 reporting a possible upside of 0.27%.
Recent Performance Chart
General Motors has PE ratio of 3.94 with a one year low of $26.69 and a one year high of $36.52 and has a total market value of $0.
A total of 17 firms have reported on the stock. 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokers rating the stock a hold, 0 analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month stock price target of $38.41.
Brief Synopsis On General Motors (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.
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