John Murphy, analyst at Bank of America Securities, reiterates coverage on General Motors (GM) in the Consumer Goods sector with a Buy rating. TipRanks.com has Murphy rated as a 4.5 star analyst with a 13.00% return on investment and a 60.00% success rate. Murphy has set a price target of $90.00 .
TipRanks.com reports that GM currently has 15 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $74.73 . The target pricing ranges from a high forecast of $90.00 down to a low forecast of $60.00 .
GM’s last closing price was $56.28 which would put the average price target at 32.78% upside.
In addition, TradingView issued a Buy rating for GM over the next month.
Remember, securities are volatile, so please do your own research on GM.
Other analysts covering GM include:
- Joseph Spak of RBC Capital issued a buy rate with the price target of $77 on July 13th
- Daniel Ives of Wedbush issued a buy rate with the price target of $85 on July 7th
- Patrick Hummel of UBS issued a buy rate with the price target of $79 in June
If you are interest in stocks like GM or stocks in the Consumer Goods sector, please click here.
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