Wall Street is positive on General Motors Company (GM). On average, analysts give the stock a Buy rating. The average price target is $54.687, which means analysts expect the stock to climb by 66.12% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 32, which is better than 32% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating GM a Buy today. Find out what this means to you and get the rest of the rankings on GM!
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With General Motors Company Stock Today?
General Motors Company (GM) stock is trading at $32.92 as of 10:24 AM on Thursday, Sep 29, a loss of -$2.33, or -6.6% from the previous closing price of $35.25. The stock has traded between $32.84 and $34.38 so far today. Volume today is light. So far 3,588,361 shares have traded compared to average volume of 15,740,509 shares.
Click Here to get the full Stock Report for General Motors Company stock.