Mark Delaney analyst at Goldman Sachs reiterates coverage on General Motors (GM) in the EV sector with a Buy rating. TipRanks.com has Delaney rated as a 4.1 star analyst with a 51% return on investment and a 6.8% success rate. Delaney has set a price target of $46.
TipRanks.com reports that General Motors currently has 15 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $58.77. The target pricing ranges from a high forecast of $87.00 down to a low forecast of $44.00. General Motors (GM)’s last closing price was $33.28 which would put the average price target at 76.59% upside.
In addition, TradingView issued a Sell rating for GM over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on GM.
Other analysts covering GM include:
- Colin Langan of Wells Fargo issued a Sell rating with the price target of n/a on 1 week ago
- Itay Michaeli of Citigroup issued a Buy rating with the price target of $ 87 on 1 week ago
- Rod Lache of Wolfe Research issued a Buy rating with the price target of $ 49 on 2 weeks ago
- Ivan Feinseth of Tigress Financial issued a Buy rating with the price target of $ 86 on 1 month ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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