After Credit Suisse and Drexel Hamilton gave General Dynamics Corp (NYSE: GD) a Buy rating last month, the company received another Buy, this time from Cowen & Co. Analyst Cai Rumohr maintained a Buy rating on General Dynamics Corp today and set a price target of $230. The company’s shares closed yesterday at $180.08.
According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 14.2% and a 66.7% 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 $217.63.
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The company has a one-year high of $230 and a one-year low of $164.76. Currently, General Dynamics Corp has an average volume of 1.39M.
Based on the recent corporate insider activity of 99 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, James Crown, a Director at GD bought 4,580 shares for a total of $325,226.
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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.
