A Glimpse Into The Expert Outlook On General Motors Through 9 Analysts
Portfolio Pulse from Benzinga Insights
Nine analysts have provided diverse opinions on General Motors (NYSE:GM) over the last three months, with ratings ranging from bullish to indifferent. The average 12-month price target is $46.26, down from $48.00. Analysts from firms like Citigroup and Mizuho have raised their price targets, while others like Wedbush and Morgan Stanley have lowered theirs. General Motors regained its U.S. market share leader position in 2022 and has shown a positive revenue trend with a growth rate of 5.35% as of September 30, 2023. However, the company's debt-to-equity ratio is higher than the industry average, indicating potential financial risk.
January 24, 2024 | 1:00 pm
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NEUTRAL IMPACT
Analysts have mixed opinions on General Motors, with recent price target adjustments reflecting a diverse outlook. GM's market share recovery and revenue growth are positive, but high debt levels may concern investors.
The mixed analyst ratings and the decrease in the average price target suggest uncertainty, which could lead to a neutral short-term impact on GM's stock price. The company's positive revenue trend and market share recovery are encouraging, but concerns about debt management may temper investor enthusiasm.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100