Published: Fri, January 12, 2018
Entertaiment | By Paul Elliott

Price Target Analysis of General Motors Company (NYSE:GM)

Price Target Analysis of General Motors Company (NYSE:GM)

Los Angeles Capital Management & Equity Research Inc. now owns 6,758,818 shares of the auto manufacturer's stock worth $81,579,000 after buying an additional 6,497,402 shares during the period. The institutional investor held 2.88M shares of the commercial banks company at the end of 2017Q3, valued at $221.96 million, down from 2.89M at the end of the previous reported quarter. Greenlight Capital Inc who had been investing in General Mtrs Co for a number of months, seems to be less bullish one the $62.57 billion market cap company. Overall, 13.1 Million shares exchanged hands versus its average trading volume of 12.96 Million shares. About 16.01 million shares traded or 5.27% up from the average. It has underperformed by 8.78% the S&P500.

Sentinel Trust Company Lba decreased Ford Motor Company (F) stake by 17.5% reported in 2017Q3 SEC filing. Gargoyle Investment Advisor Llc acquired 105,631 shares as Ford Mtr Co Del (F)'s stock declined 13.59%. Shares are now up over the past year, outperforming the broad market by -100% and underperformed a peer group of similar companies by -68%. Tobam who had been investing in Target Corp for a number of months, seems to be less bullish one the $38.12 billion market cap company.

The stock decreased 0.29% or $0.13 during the last trading session, reaching $44.01. About 2.24M shares traded. It has outperformed by 13.19% the S&P500. Therefore 36% are positive. Seaport Global initiated it with "Buy" rating and $20 target in Tuesday, August 9 report. The stock of General Motors Company (NYSE:GM) has "Underweight" rating given on Monday, August 24 by Morgan Stanley.

General Motors Company (GM) has been given an average price target of $47 from analysts, according to data collected by Finviz. Evercore ISI raised their target price on shares of General Motors from $40.00 to $41.38 in a report on Friday, December 29th. The rating was upgraded by Barclays Capital on Tuesday, November 29 to "Overweight". On Friday, July 1 the stock rating was initiated by Argus Research with "Buy". The stock has "Buy" rating by Argus Research on Thursday, August 25. General Motors Company (NYSE:GM) has risen 7.92% since January 10, 2017 and is uptrending. The firm has "Buy" rating given on Wednesday, September 2 by Citigroup.

For the current quarter, 18 analysts are projecting a mean EPS of $0.45/share. F's profit will be $1.75 billion for 7.38 P/E if the $0.44 EPS becomes a reality. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.10.


We have $11.25 PT which if reached, will make NASDAQ:NETE worth $1.16 million less. It also increased its holding in Facebook Inc (NASDAQ:FB) by 207,830 shares in the quarter, for a total of 477,438 shares, and has risen its stake in Firstcash Inc.

Investors sentiment decreased to 0.87 in Q3 2017. The company has a quick ratio of 0.93, a current ratio of 1.37 and a debt-to-equity ratio of 0.34. It increased, as 63 investors sold F shares while 354 reduced holdings. 91 funds opened positions while 271 raised stakes. Lawler John T. had sold 80,624 shares worth $886,864 on Wednesday, August 2. 1832 Asset Mngmt Lp stated it has 7,728 shares. Ionic Mngmt Ltd Liability Corporation reported 140,000 shares. The Company's segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc (GM Financial). Gabelli Funds Ltd Liability Co owns 210,000 shares or 0.05% of their USA portfolio. Synovus Corporation holds 0.02% in General Motors Company (NYSE:GM) or 25,204 shares. The institutional investor held 815,706 shares of the auto manufacturing company at the end of 2017Q3, valued at $9.76 million, up from 463,757 at the end of the previous reported quarter. Loews invested in 0.07% or 259,283 shares. Columbia Asset Management has 109,809 shares for 0.4% of their portfolio. Price T Rowe Assocs Incorporated Md holds 0.03% or 4.72M shares. (NYSE:PFE) on Tuesday, September 12. Deutsche Bank maintained Zoetis Inc. Stifel Nicolaus maintained Zoetis Inc.

A price target is the projected price level of a financial security stated by an investment analyst. As per Monday, June 20, the company rating was maintained by Jefferies. Jefferies maintained Ford Motor Company (NYSE:F) rating on Friday, September 8. The return on invested capital is at 1.1%, which is good, compared to its peers. Its up 0.06, from 1.04 in 2017Q2. Excalibur Corp reported 0.73% stake. Hermes Ltd accumulated 0.28% or 288,285 shares. Callinex Mines Inc. (OTCMKTS:CLLXF) has 0.00% since January 6, 2017 and is. City accumulated 77 shares. They expect $-2.10 earnings per share, down 172.73% or $1.33 from last year's $-0.77 per share. Corporate insiders own 0.04% of the company's stock. (NYSE:ZTS). Etrade Cap Management Limited Liability holds 28,627 shares. (NYSE:ZTS) or 325,570 shares. The ROA for Ford Motor Company tells us exactly what earnings were generated from the invested capital. Finally, Goldman Sachs Group, Inc. Nationwide Fund owns 1.10 million shares. Twin Tree LP has 0% invested in Zoetis Inc. Cibc Savings Bank Usa holds 0.03% or 19,520 shares in its portfolio.

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