Daiwa Capital Markets downgraded General Motors Company (NYSE:GM) to Underperform in a report released today.
- Updated: January 11, 2017
Having a price of $37.85, General Motors Company (NYSE:GM) traded 1.61% higher on the day. The last stock close price is up 16.93% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.04% over the same time period. The company has recorded a 50-day moving average of $35.75 and a 200-day average of $32.45. Trade Volume was up over the average, with 19,549,730 shares of GM changing hands over the typical 14,726,400
Daiwa Capital Markets has downgraded General Motors Company (NYSE:GM) to Underperform in a report released on 1/11/2017.
On 01/10/2017, Vetr Inc. released a statement on General Motors Company (NYSE:GM) upped the target price from $0.00 to $35.81 that suggested a downside of -0.04%.
General Motors Company has a 52 week low of $26.69 and a 52 week high of $38.16 with a PE ratio of 4.33 General Motors Company’s market capitalization is currently $0.
A total of 17 brokerages have released a report on GM. zero equity analysts rating the stock a strong buy, 0 brokers rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $38.41.
Brief Synopsis On 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.
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