In a report released today, Cai Rumohr from Cowen & Co. maintained a Buy rating on General Dynamics Corp (NYSE: GD), with a price target of $253. The company’s shares closed on Friday at $191.85.
According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 16.0% and a 71.6% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, L3 Technologies Inc, and Spirit AeroSystems.
General Dynamics Corp has an analyst consensus of Strong Buy, with a price target consensus of $238.60.
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The company has a one-year high of $230 and a one-year low of $184.21. Currently, General Dynamics Corp has an average volume of 1.24M.
Based on the recent corporate insider activity of 114 insiders, corporate insider sentiment is negative on the stock. Last month, Daniel Johnson, the EVP of GD sold 77,810 shares for a total of $15,550,390.
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General Dynamics Corp. is an aerospace and defense company, which engages in the provision of tanks, rockets, missiles, submarines, warships, fighters and electronics to all of the military services. It is organized into four business groups: Aerospace, Combat Systems, Information Systems and Technology, and Marine Systems.
