Barclays analyst David E. Strauss maintained a Buy rating on General Dynamics (GD) yesterday and set a price target of $220.00. The company’s shares closed last Monday at $183.10.
According to TipRanks.com, Strauss is a 4-star analyst with an average return of 6.6% and a 60.8% success rate. Strauss covers the Consumer Goods sector, focusing on stocks such as L3Harris Technologies, Huntington Ingalls, and Spirit AeroSystems.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for General Dynamics with a $200.75 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $193.76 and a one-year low of $160.21. Currently, General Dynamics has an average volume of 1.33M.
Based on the recent corporate insider activity of 111 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GD in relation to earlier this year. Most recently, in December 2019, Mark Roualet, the EVP of GD sold 14,870 shares for a total of $2,693,701.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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 segments: Aerospace, Combat Systems, Information Technology, Mission Systems and Marine Systems.
