Rod Lache analyst at Wolfe Research reiterates coverage on General Motors (GM) in the Consumer Goods sector with a Buy rating. TipRanks.com has Lache rated as a 4.5 star analyst with a 61% return on investment and a 11.9% success rate. Lache has set a price target of $49.
TipRanks.com reports that General Motors currently has 16 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $58.13. The target pricing ranges from a high forecast of $87.00 down to a low forecast of $33.00. General Motors (GM)’s last closing price was $35.24 which would put the average price target at 64.95% 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:
- Itay Michaeli of Citigroup issued a Buy rating with the price target of $ 87 on 1 week ago
- Mark Delaney of Goldman Sachs issued a Buy rating with the price target of $ 46 on 1 week ago
- Ivan Feinseth of Tigress Financial issued a Buy rating with the price target of $ 86 on 4 weeks ago
- Adam Jonas of Morgan Stanley issued a Hold rating with the price target of $ 44 on 4 weeks 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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