A statement released earlier today by Morgan Stanley about General Motors Company (NYSE:GM) bumps the target price to $37.00
- Updated: September 18, 2016
Only yesterday General Motors Company (NYSE:GM) traded 0.48% lower at $30.97. General Motors Company’s 50-day average is $31.46 and its 200-day moving average is $30.77. The last stock price close is up 0.66% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. Volume of trade was was down over the average, with 12,798,306 shares of GM changing hands under the typical 13,319,500 shares..
Morgan Stanley upped the target price of General Motors Company (NYSE:GM) to $37, reporting a possible upside of 0.19%,
On Monday September 12 2016, Vetr Inc. released a statement about General Motors Company(NYSE:GM) raised the target price from $0.00 to $35.06. At the time, this indicated a possible upside of 0.15%.
Recent Performance Graphic:
In addition to Morgan Stanley reporting it’s price target, a total of 17 analysts have released a research note on the stock. The average target stock price is $38.41 with 0 rating the stock a strong buy, 0 rating the stock a buy, 0 analysts rating the stock a hold, 0 rating the stock to underperform, and finally 0 firms rating the stock as sell.
General Motors Company has a price-earnings of 4 with a one-year low of $26.69 and a 52 week high of $36.88 and has a total market value of $0.0.
General Information 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, and across the credit spectrum.
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