General Motors Company (NYSE:GM) stock price target raised to $33.66, issued a report today by Vetr Inc.
- Updated: September 23, 2016
Yesterday General Motors Company (NYSE:GM) traded -0.83% lower at $32.39. The company’s 50-day moving average is $31.58 and its 200-day moving average is $30.82. The last closing price is up 4.21% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 9,812,127 shares of the stock traded hands, down from an average trading volume of 13,913,600
General Motors Company (NYSE:GM) had its price target upped to $33.66 by Vetr Inc. in an issued report announced 9/26/2016. The bumped up target suggests a potential upside of 0.04% based on the company's previous closing price.
Previously on 9/20/2016, Nomura reported on General Motors Company (NYSE:GM) increased the target price from $0.00 to $33.00. At the time, this indicated a possible upside of 0.04%.
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General Motors Company has a PE ratio of 4.11 with a one year low of $26.69 and a one year high of $36.88 General Motors Company’s market capitalization is presently $0.
In addition to Vetr Inc. reporting its target price, a total of 17 brokerages have issued a research note on GM. The one year target is $38.41 with zero analysts rating the company a strong buy, zero equity analysts rating the stock a buy, 0 brokers rating the stock a hold, 0 brokerages rating the company a underperform, and lastly 0 brokers rating the stock a sell.
More 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.
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