Macquarie Research disclosed General Motors Company (NYSE:GM), boosting its price target to $44.00 earlier today
- Updated: December 1, 2016
Stating a potential upside of 0.21%, Macquarie Research bumped up the target of General Motors Company (NYSE:GM) to $44.00
Yesterday General Motors Company (NYSE:GM) traded -0.12% lower at $36.43. The company’s 50-day moving average is $32.36 and its 200-day moving average is $31.21. The last closing price is up 10.63% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 15,681,697 shares of the stock were exchanged, up from an average trading volume of 13,481,100
Recent Performance Chart
General Motors Company has 52 week low of $26.69 and a 52 week high of $36.52 with a PE ratio of 3.94 and has a market capitalization of $0.
In addition to Macquarie Research 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, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company 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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