UBS analyst Patrick Hummel maintained a Buy rating on General Motors on Tuesday, setting a price target of $79, which is approximately 34.72% above the present share price of $58.64.
Hummel expects General Motors to post earnings per share (EPS) of $2.06 for the second quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Strong Buy rating of shares in General Motors, with an average price target of $72.93.
The analysts price targets range from a high of $90 to a low of $60.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $32.47 billion and a net profit of $3.28 billion. The company's market cap is $85.07 billion.
According to TipRanks.com, UBS analyst Patrick Hummel is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.6% and a 65.69% 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.