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Barclays announced General Motors (NYSE:GM), boosting its stock price target to $55.00 today

Just yesterday General Motors (NYSE:GM) traded 2.58% higher at $44.89. General Motors’s 50-day moving average is $39.65 and its 200-day moving average is $35.83. The last stock price is up 28.52% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 7,313,483 shares of GM traded hands, down from an average trading volume of 11,945,800

In a report released on 10/13/2017 Barclays increased the stock price target of General Motors (NYSE:GM) from $41.00 to $55.00 reporting a possible upside of 0.23%.

Previously on 10/05/2017, RBC Capital Markets released a statement about General Motors (NYSE:GM) increased the target price from $38.00 to $44.00. At the time, this indicated a possible upside of 0.00%.

Recent Performance Chart

General Motors (NYSE:GM)

General Motors has 52 week low of $30.21 and a 52 week high of $46.11 with a PE ratio of 8.01 and has a market capitalization of $0.

In addition to Barclays reporting its stock price target, a total of 17 brokerages have issued a ratings update on the company. The average stock price target is $38.41 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On General Motors (NYSE:GM)

General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. The Company's segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc. (GM Financial). The Company provides automotive financing services through General Motors Financial Company, Inc. The Company develops, manufactures and/or markets vehicles in North America under the brands, including Buick, Cadillac, Chevrolet and GMC. The Company also develops, manufactures and/or markets vehicles outside North America under the brands, including Buick, Cadillac, Chevrolet, GMC, Holden, Opel and Vauxhall. The Company offers a range of after-sale vehicle services and products through the dealer network, such as maintenance, light repairs, collision repairs, vehicle accessories and extended service warranties. GM Financial is an automotive finance company, which provides automobile finance solutions.

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