In a report released today, Philippe Houchois from Jefferies reiterated a Hold rating on General Motors (NYSE: GM), with a price target of $39. The company’s shares closed yesterday at $36.75.
According to TipRanks.com, Houchois is a 4-star analyst with an average return of 22.8% and a 68.0% success rate. Houchois covers the Consumer Goods sector, focusing on stocks such as Fiat Chrysler Automobiles, Ford Motor, and Daimler.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for General Motors with a $50 average price target.
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The company has a one-year high of $46.76 and a one-year low of $34.50. Currently, General Motors has an average volume of 11.42M.
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General Motors Co. engages in the designing, manufacturing, and selling of cars, trucks, and automobile parts. It also provides automotive financing services through General Motors Financial Company, Inc. The firm operates through the following segments: GM North America, GM International, and GM Financial.
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