General Motors Company with ticker code (GM) now have 22 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 100 and 53 with a mean TP of 76.84. With the stocks previous close at 52.64 this would imply there is a potential upside of 46.0%. There is a 50 day moving average of 59.75 and the 200 moving average now moves to 56.89. The market capitalisation for the company is $76,426m. Visit the company website at: https://www.gm.com
The potential market cap would be $111,561m based on the market concensus.
General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, and Wuling brand names. The company also sells trucks, crossovers, and cars to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers safety and security services for retail and fleet customers, including automatic crash response, emergency services, roadside assistance, crisis assist, stolen vehicle assistance, and turn-by-turn navigation, as well as connected services comprising mobile applications for owners to remotely control their vehicles and electric vehicle owners to locate charging stations, on-demand vehicle diagnostics, smart driver, marketplace in-vehicle commerce, connected navigation, SiriusXM with 360L, and 4G LTE wireless connectivity. Further, the company provides automotive financing services; and operates an online store. General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan.