Is GM a good investment right now?

Is GM a good stock to buy and hold?

General Motors Company – Hold

Valuation metrics show that General Motors Company may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of GM, demonstrate its potential to outperform the market. It currently has a Growth Score of F.

How high will GM stock go?

Stock Price Forecast

The 22 analysts offering 12-month price forecasts for General Motors Co have a median target of 72.15, with a high estimate of 97.00 and a low estimate of 53.00. The median estimate represents a +32.56% increase from the last price of 54.43.

Is GM undervalued?

GM is massively undervalued

That’s an absurdly low valuation, given that the company was on track to generate a full-year adjusted operating profit between $11.5 billion and $13.5 billion as of a few weeks ago, despite significant supply constraints.

Is GMS stock a buy?

GMS has received a consensus rating of Buy. The company’s average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.

Is GM going to buy Nikola?

GM -5.42% will no longer take an equity stake in electric-truck maker Nikola Corp. NKLA -2.31% under a stripped-down agreement revealed Monday, a significant retrenchment from an earlier pact that fueled investor enthusiasm for both companies.

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What is the forecast for GM stock?

Analyst Price Target on GM

Based on 15 Wall Street analysts offering 12 month price targets for General Motors in the last 3 months. The average price target is $73.20 with a high forecast of $90.00 and a low forecast of $53.00. The average price target represents a 34.96% change from the last price of $54.24.

What do analysts say about GM stock?

Based on analysts offering 12 month price targets for GM in the last 3 months. The average price target is $73.2 with a high estimate of $90 and a low estimate of $53.

Is GM overpriced?

In conclusion, the stock of General Motors Co (NYSE:GM, 30-year Financials) is believed to be significantly overvalued. The company’s financial condition is poor and its profitability is fair. Its growth ranks in the middle range of the companies in Vehicles & Parts industry.

Who is bigger Ford or GM?

Ford: Recent Performances. GM is a smaller company than Ford. GM’s total revenue for 2020 was $122 billion, a 10.75% decrease from the previous year. Ford’s total revenue was $127 billion, an 18.45% decrease from the previous year.