Zacks Investment Research downgraded General Dynamics Corporation (NYSE:GD) to Hold in a report released today.
- Updated: December 1, 2016
Zacks Investment Research has downgraded General Dynamics Corporation (NYSE:GD) to Hold in a statement released on 12/1/2016.
On 11/23/2016, Zacks Investment Research released a statement on General Dynamics Corporation (NYSE:GD) bumped up the target price from $0.00 to $191.00 that suggested an upside of 0.12%.
Boasting a price of $176.57, General Dynamics Corporation (NYSE:GD) traded 0.64% higher on the day. With the last close up 18.19% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. General Dynamics Corporation has recorded a 50-day average of $157.43 and a two hundred day average of $149.31. Volume of trade was down over the average, with 394,427 shares of GD changing hands under the typical 1,402,530
With a total market value of $0, General Dynamics Corporation has price-earnings ratio of 18.89 with a one year low of $121.61 and a one year high of $177.39 .
A total of 17 analysts have released a research note on GD. Eight analysts rating the company a strong buy, seven analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $161.29.
More About General Dynamics Corporation (NYSE:GD)
General Dynamics Corporation is an aerospace and defense company that offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions and information technology (IT) services, and shipbuilding. The Company operates through four business groups: Aerospace, which produces Gulfstream aircraft; provides aircraft services, and performs aircraft completions for other original equipment manufacturers (OEMs); Combat Systems, which design and manufacture combat vehicles, weapons systems and munitions; Information Systems and Technology, which provides C4ISR solutions and IT services, and Marine Systems, which design and build nuclear-powered submarines, surface combatants and auxiliary and combat-logistics ships for the United States Navy, and Jones Act ships for commercial customers.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.