Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on General Motors on Friday, setting a price target of $86, which is approximately 49.07% above the present share price of $57.69.
Feinseth expects General Motors to post earnings per share (EPS) of $1.92 for the fourth quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Strong Buy rating of shares in General Motors, with an average price target of $72.87.
The analysts price targets range from a high of $90 to a low of $53.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $34.17 billion and a net profit of $2.88 billion. The company's market cap is $83.75 billion.
According to TipRanks.com, Tigress Financial analyst Ivan Feinseth is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.2% and a 68.44% success rate.
General Motors Company (NYSE:GM) is one of the world’s largest vehicle manufacturing companies. The firm is engaged in designing, manufacturing, and selling cars, trucks, and automobile parts. The company is home to popular car brands like Chevrolet, Buick, GM, and Cadillac. It operates under four operating business segments: GM North America, GM International, Cruise and GM Financial.