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.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Goldman Sachs, maintains their rating on the shares of General Dynamics Corporation (NYSE:GD). Goldman Sachs has a Neutral rating on the shares. As per the latest research report, the brokerage house raises the price target to $147 per share from a prior target of $151. The rating by the firm was issued on May 2, 2016.
General Dynamics Corporation (NYSE:GD): The mean estimate for the short term price target for General Dynamics Corporation (NYSE:GD) stands at $164.89 according to 9 Analysts. The higher price target estimate for the stock has been calculated at $175 while the lower price target estimate is at $152.
General Dynamics Corporation (NYSE:GD) witnessed a decline in the market cap on Tuesday as its shares dropped 1.07% or 1.51 points. After the session commenced at $141.22, the stock reached the higher end at $141.58 while it hit a low of $139.41. With the volume soaring to 1,597,285 shares, the last trade was called at $139.41. The company has a 52-week high of $153.76. The company has a market cap of $42,610 million and there are 305,646,970 shares in outstanding. The 52-week low of the share price is $121.6065.
General Dynamics Corporation has lost 0.01% in the last five trading days and dropped 3.6% in the last 4 weeks. General Dynamics Corporation is up 3.69% in the last 3-month period. Year-to-Date the stock performance stands at 2.62%.
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; communications and information technology systems and solutions, and military and commercial shipbuilding. The Company operates through four business groups: Aerospace, Combat Systems, Information Systems and Technology and Marine Systems. Aerospace group designs, manufactures and outfits a family of Gulfstream business-jet aircraft and provides aircraft services. Combat Systems group is engaged in systems engineering, spanning design, development, manufacture and support of military vehicles, weapons systems and munitions. Marine Systems group designs, builds and supports submarines and surface ships. Information Systems and Technology group provides technologies, products and services that support a range of military, federal/civilian and commercial information-systems requirements.