General Motors (NYSE: GM) has recently received a number of price target changes and ratings updates:

  • 9/20/2016 – General Motors is now covered by analysts at Nomura. They set a “neutral” rating and a $33.00 price target on the stock.
  • 9/19/2016 – General Motors was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $37.00 price target on the stock, up previously from $29.00.
  • 9/19/2016 – General Motors was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $35.44 price target on the stock.
  • 9/12/2016 – General Motors was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $35.06 price target on the stock.
  • 9/5/2016 – General Motors was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $35.06 price target on the stock.
  • 9/2/2016 – General Motors had its “hold” rating reaffirmed by analysts at Jefferies Group.
  • 8/11/2016 – General Motors had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $36.00 price target on the stock.
  • 8/9/2016 – General Motors is now covered by analysts at Jefferies Group. They set a “hold” rating and a $33.00 price target on the stock.
  • 8/9/2016 – General Motors is now covered by analysts at Seaport Global Securities. They set a “buy” rating and a $42.00 price target on the stock.
  • 7/28/2016 – General Motors had its “hold” rating reaffirmed by analysts at Argus.
  • 7/26/2016 – General Motors had its “buy” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $43.00 price target on the stock.
  • 7/24/2016 – General Motors had its “sector perform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $34.00 price target on the stock, up previously from $32.00.

General Motors Co. (NYSE:GM) traded up 1.20% on Wednesday, hitting $32.03. The company had a trading volume of 4,711,536 shares. The company has a market capitalization of $50.03 billion, a P/E ratio of 4.10 and a beta of 1.70. The stock’s 50-day moving average price is $31.40 and its 200 day moving average price is $30.80. General Motors Co. has a one year low of $26.69 and a one year high of $36.88.

General Motors (NYSE:GM) last released its quarterly earnings results on Thursday, July 21st. The auto manufacturer reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.35. General Motors had a return on equity of 23.96% and a net margin of 7.90%. The firm had revenue of $42.40 billion for the quarter, compared to analyst estimates of $38.81 billion. During the same quarter in the previous year, the company posted $1.29 EPS. The business’s revenue was up 11.0% on a year-over-year basis. On average, analysts expect that General Motors Co. will post $5.84 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 23rd. Stockholders of record on Friday, September 9th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date of this dividend is Wednesday, September 7th. General Motors’s dividend payout ratio is 19.46%.

In other news, VP Thomas S. Timko sold 6,250 shares of the business’s stock in a transaction dated Tuesday, August 23rd. The stock was sold at an average price of $31.94, for a total value of $199,625.00. Following the transaction, the vice president now directly owns 27,477 shares of the company’s stock, valued at approximately $877,615.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jane L. Mendillo acquired 1,600 shares of the company’s stock in a transaction dated Tuesday, August 2nd. The stock was acquired at an average cost of $31.01 per share, for a total transaction of $49,616.00. Following the completion of the purchase, the director now directly owns 1,600 shares in the company, valued at $49,616. The disclosure for this purchase can be found here. 0.04% of the stock is owned by insiders.

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 Company’s four automotive segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO) and GM South America (GMSA).

5 Day Chart for NYSE:GM

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