The company now has a consensus rating of “Buy” and an average price target of $156.91.
Ford Motor Company (NYSE:F) traded down 3.736% on Monday, reaching $13.785. A total of 14.33 million shares of the company’s stock traded hands. The company has a market cap of $785 million and the number of outstanding shares have been calculated to be 22,820,000 shares. Buckingham Research reaffirmed a “hold” rating and set a $28.00 target price (down previously from $37.00) on shares of General Motors Company in a report on Thursday, July 9th. The firm has a 50-day moving average of $145.44 and a 200-day moving average of $141.10.
General Motors Company (NYSE:GM) so far this year moved down-9.88 % and for last week its performance stands at 1.19 %.
In terms of earnings, General Motors Company last reported earnings for the fiscal quarter ending on 2014-12-31 of $1.29. During the same period past year , the company earned $0.40 EPS. Zacks raised shares of General Dynamics from a “hold” rating to a “buy” rating and set a $166.00 price target for the company in a research note on Friday, July 17th. The company informed investors that they would receive a payout in the amount of $0.36 per share for shareholders of record on 2015-09-14, payable on 2015-09-29.
On last trading day The Coca-Cola Company (NYSE:KO) fell -1.02% to close at $38.98. The ex-dividend date of this dividend was Wednesday, July 29th.
In other General Dynamics news, SVP Marguerite Amy Gilliland sold 4,826 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were purchased at an average price of $31.84 per share, with a total value of $1,018,880.00. Also, EVP John Fleming sold 91,576 shares of the company’s stock in a transaction on Wednesday, September 2nd. In addition, Oldfield Partners Llp have 14.9% of their United States long equity exposure invested in the company for 7.60M shares. The disclosure for this sale can be found here. Post opening the session at $34.58, the shares hit an intraday low of $34.13 and an intraday high of $35.14 and the price vacillated in this range throughout the day. Deutsche Bank restated a “neutral” rating on shares of General Motors Company in a research report on Friday. Finally, Citigroup Inc. reissued a buy rating on shares of Ford Motor Company in a report on Tuesday, July 28th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock.
General Motors Company (NYSE:GM) Chief Executive Officer Mary Barra said the USA carmaker will continue to resist Fiat Chrysler Automobiles NV CEO Sergio Marchionne’s call to combine with his company because all signs point to independence as helping investors the most. The Business operates in two sectors: Automotive and Financial Services. Automotive sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific sections. Ford will use Alcoa’s Micromill® material in multiple components on the 2016 F-150 – becoming the first automaker to use the advanced automotive aluminum commercially. Its other operations business segment includes information technology (IT) services and machine tools and factory automation solutions. The Organization has approximately 62 plants around the world. Automotive dealers throughout the world, it offers automotive lending products to and through Ford Motor Credit Company LLC, through its fully owned subsidiary company.
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