Impact of Brokerage Rating on General Dynamics Corporation(GD)

Many General Dynamics Corporation(GD) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by RBC Capital Mkts on Jan 30, 2017 to Outperform, Raises Price Target to $ 211 from a previous price target of $206 .General Dynamics Corporation was Initiated by RBC Capital Mkts on Jan 12, 2017 to Outperform, Price Target of the shares are set at $206.

Company has reported several Insider transactions to the SEC, on Feb 1, 2017, Gregory S Gallopoulos (Senior VP, Gen. Counsel, Sec.) sold 39,860 shares at 180.46 per share price.On Dec 7, 2016, John Patrick Casey (Executive Vice President) sold 69,895 shares at 178.51 per share price.On Nov 15, 2016, Gary L Whited (Vice President) sold 10,259 shares at 167.96 per share price.

General Dynamics Corporation Last issued its quarterly earnings results on Jan 27, 2017. The company reported $2.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $2.54. The company had revenue of $8233.00 million for the quarter, compared to analysts expectations of $8291.32 million. The companys revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.40 EPS.

General Dynamics Corporation (NYSE:GD) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.5 by 14 Brokerage Firm. 10 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.

General Dynamics Corporation (NYSE:GD): The stock price is expected to reach $ 198.36 in the short term. The number of analysts agreeing with this consensus is 11. The higher estimate for the short term price target is at $215 while the lower estimate is at $172. The standard deviation of the price stands at $15.27.

General Dynamics Corporation (NYSE:GD) rose 0.34% or 0.63 points on Tuesday and made its way into the gainers of the day. After trading began at $187.05 the stock was seen hitting $187.48 as a peak level and $184.61 as the lowest level. The stock ended up at $187.23. The daily volume was measured at 1,391,513 shares. The 52-week high of the share price is $187.4999 and the 52-week low is $127.74. The company has a market cap of $56,682 million.

General Dynamics Corp.s primary businesses focus is on shipbuilding and marine systems, business aviation, information systems, and land and amphibious combat systems. Each of these businesses involves design, manufacturing and program management expertise, advanced technology, and integration of complex systems. The primary customers for the companys businesses are the United States military, the armed forces of allied nations, other government organizations and a diverse base of corporate and industrial buyers.


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