Bank of America Securities Sticks to Its Buy Rating for General Motors (GM)
Complete. Here is the key summaryBank of America Securities analyst Alexander Perry maintained a Buy rating on General Motors (GM), with shares closing at $77.64. The analyst consensus for GM is a Moderate Buy, featuring an average price target of $98.67, implying a 27.09% upside. Additionally, RBC Capital also upheld a Buy rating on the stock with a $94.00 price target.
In a report released yesterday, Alexander Perry from Bank of America Securities maintained a Buy rating on General Motors. The company’s shares closed yesterday at $77.64.
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According to TipRanks, Perry is an analyst with an average return of -0.4% and a 43.92% success rate. Perry covers the Consumer Cyclical sector, focusing on stocks such as Tesla, BorgWarner, and Aptiv.
Currently, the analyst consensus on General Motors is a Moderate Buy with an average price target of $98.67, representing a 27.09% upside. In a report released on July 13, RBC Capital also maintained a Buy rating on the stock with a $94.00 price target.