Quite a few analysts working at Tudor Pickering have issued the stocks of GM with a rating of buy in a Tuesday report. Currently, the company has a rating of buy with a price target of $76 on the stock. The price target put forward by the brokerage implies an increase of 34.42% on the current price of the company.
The Stock Commentary Of GM
There have been quite a few research equities that have commented on the stocks of GM. Argus has already increased the price target of the company from $62 to $66 with a rating of buy in a Tuesday research report. Jefferies Financial has also increased the price target of the company from $50 to $62 with a rating of hold in a 29th March research report.
Wells Fargo & Company has also given the company a rating of overweight with a price target set at $67 in a 5th April research report. Evercore ISI has also increased the price target of the company from $62 to $65 with a rating of outperform in a 14th April research note. In the end, Royal Bank of Canada has also increased the price target of the company from $67 to $72 with a rating of outperform in a 6th May research report.
Two of the investment analysts have already given the company a rating of sell, while eighteen others have issued the company a rating of buy. Currently, the company has a buy rating with a $61.81 price target.
The stocks of GM traded on Tuesday at $56.84. The year low of the company is $23.33, with the year high set at $63.44. The market cap of the firm is $82.02 billion, with a PE ratio of 25.43, and a 0.85 PEG ratio. The current ratio of the company is 1.11, with a 0.97 quick ratio, along with a 1.70 debt-to-equity ratio. The moving average price of the company over a period of 50 days is $57.90, with the moving average price of the company over 200 days set at $50.39.