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Zacks Investment Research disclosed General Motors Company (NYSE:GM), boosting its price target to $38.00 earlier today

Stating a potential upside of 0.10%, Zacks Investment Research raised the target price of General Motors Company (NYSE:GM) to $38.00

Just yesterday General Motors Company (NYSE:GM) traded 0.23% higher at $34.40. General Motors Company’s 50-day moving average is $36.04 and its 200-day moving average is $35.11. The last stock price is down 10.75% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 25,353,949 shares of GM traded hands, up from an average trading volume of 10,274,400

Recent Performance Chart

General Motors Company (NYSE:GM)

General Motors Company has 52 week low of $30.21 and a 52 week high of $39.18 with a PE ratio of 6.76 and has a market capitalization of $0.

In addition to Zacks Investment 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, 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 Company (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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