Of the latest market expert opinions, 1 have given an underperform rating, 0 has given a sell rating, and 1 have given a rating of Buy or better. Based on the 3 stock market experts following this company, the average 12-month price target is $17.17.
General Motors Company (NYSE:GM) experienced a drop of -1.29% from the closing price in the previous trading day. That drove the price to $38.25 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 10,407,748 shares of stock – compared to the typical average of 8.52M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $47.21.
This organization has had a price-to-earnings ratio of 6.69 in the last year. Meanwhile, it gained 38.74 from its observable 50-day simple moving average. Right at this moment, the per-share value is 4.50% higher than the mean per-share price over the last 200 days in the market.
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 1 have a sell rating, 6 have a Buy rating, 9 have an outperform rating, while 5 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.10, based on information from Thomson Reuters.
GM Stock Value Potential
In trading activity as of late, this stock’s value was 36.59 up from its 200 day moving average, while also -1.35% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $33.00-$67.00. The market value for the entire organization reached 53.57B. In the last trading session, the price ended the day at $38.75. The institutional holdings related to this organization account for 0.10%, and the Beta factor is now 1.31. This company’s RSI (Relative Strength Index) managed to hit 41.54.
General Motors Company (GM) has found itself inside of Seaport Global Securities’s research list, so their analyst rating adjustment is worth taking note of. This stock was Initiated to Buy, by Seaport Global Securities, as garnered from a news report on Wednesday February 13th, 2019. An additional helpful research note was sent out by Goldman’s on Tuesday September 11th, 2018. The brokerage decided to resumed GM to Neutral.