In a report issued on June 13, John Murphy from Merrill Lynch maintained a Buy rating on General Motors (NYSE: GM), with a price target of $60. The company’s shares opened today at $43.91.
Murphy has an average return of 2.3% when recommending General Motors.
According to TipRanks.com, Murphy is ranked #3654 out of 4832 analysts.
Currently, the analyst consensus on General Motors is Strong Buy and the average price target is $53.80, representing a 22.5% upside.
In a report issued on May 31, Evercore ISI also upgraded the stock to Buy with a $50 price target.
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The company has a one-year high of $46.76 and a one-year low of $33.86. Currently, General Motors has an average volume of 11.47M.
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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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