Brokerage Firm Rating Update on General Motors Company (GM)

General Motors Company (GM) : Zacks Investment Research ranks General Motors Company (GM) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.21, which indicates as a Buy.

General Motors Company (GM) : The highest level General Motors Company (GM) is projected to reach is $50 for the short term and the lowest estimate is at $29. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $37.08 and the possibility the share price can swing is $5.95.


For the current week, the company shares have a recommendation consensus of Buy. Also, Jefferies initiates coverage on General Motors Company (NYSE:GM). In the latest research report, Jefferies announces the target price to $33 per share. According to the latest information available, the shares are now rated Hold by the analysts at the agency. The rating by the firm was issued on August 9, 2016.

General Motors Company (NYSE:GM): The stock opened at $31.99 and touched an intraday high of $31.99 on Wednesday. During the day, the stock corrected to an intraday low of $31.62, however, the bulls stepped in and pushed the price higher to close in the green at $31.89 with a gain of 0.47% for the day. The total traded volume for the day was 12,554,723. The stock had closed at $31.74 in the previous trading session.

General Motors Company (General Motors) designs, builds and sells cars, trucks and automobile parts across the world. The Company also provides automotive financing services through General Motors Financial Company, Inc. (GM Financial). The Companys four automotive segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO) and GM South America (GMSA). The Company also sells cars and trucks to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies and governments. The Company offers 13 FlexFuel vehicles in the United States for the 2015 model year plus an additional four models to fleet and commercial customers capable of operating on gasoline, E85 ethanol or any combination of the two.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.