In a report released yesterday, Philippe Houchois from Jefferies maintained a Hold rating on General Motors, with a price target of $55.00. The company’s shares closed last Friday at $60.13.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Houchois is a 5-star analyst with an average return of 16.5% and a 55.22% success rate. Houchois covers the Consumer Cyclical sector, focusing on stocks such as Volkswagen, Stellantis, and Bayerische Motoren Werke Aktiengesellschaft.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for General Motors with a $63.50 average price target.
GM market cap is currently $57.25B and has a P/E ratio of 9.53.
Based on the recent corporate insider activity of 39 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 GM in relation to earlier this year. Last month, Christopher Hatto, the VP & CAO of GM sold 23,400.00 shares for a total of $1,427,538.16.
Read More on GM:
Disclaimer & DisclosureReport an Issue
- Trump Eyes Tariff Breaks for U.S.-Made Cars as Ford, GM Stocks Climb
- Realty, Oracle, GM, Snowflake, Canopy: Insider Moves
- Senator Moreno tells Reuters Trump weighing U.S. auto tariff relief
- Detroit automakers feud over Trump’s threatened truck tariffs, Bloomberg says
- General Motors price target raised to $40 from $38 at Wells Fargo
/A%20concept%20image%20of%20space_%20Image%20by%20Canities%20via%20Shutterstock_.jpg)
/A%20concept%20image%20of%20a%20flying%20car_%20Image%20by%20Phonlamai%20Photo%20via%20Shutterstock_.jpg)
