General Motors Company (NYSE:GM)has announced that it will invest an additional $20 million into its Arlington Assembly plant, boosting its ongoing investments into truck and SUV facilities to in excess of $4.2 billion. The Arlington plant in Texas has been responsible for building a variety of body-on-frame GM vehicles throughout the past 20 years and currently builds the Chevrolet Tahoe, Chevrolet Suburban, GMC Yukon, GMC Yukon XL, and the Cadillac Escalade. GM’s $20 million investment will be funneled towards upgrading plant conveyors in preparation for the launch of all-new full-size SUVs in the coming years.
General Motors Company (NYSE:GM) shares edged up 1.19% to finally closed at $38.13 in last active session.
GM’s distance from 20 day simple moving average is 6.42% and distance from 50-Day simple moving average is 2.55%.
Analyst’s mean target price for GM is $47.11 while analysts mean recommendation is 2.20. Stock value has moved between $30.5 – 41.45 in last one year. Stock has got OUTPERFORM rating from 7 of Thomson Reuters analysts, 5 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Analyst’s mean target price for GM is $47.11 while analysts mean recommendation is 2.20.
General Motors Company (NYSE:GM) yearly performance is -6.11% and net profit margin is 6.20%. Annual EPS Growth of past 5 years is 19.20%. The current share price indicates that stock is -8.12% away from its one year high and is moving 24.77% ahead of its 52-week low.
On 26 June 2018, Avon Products, Inc. (NYSE:AVP) shares shed -0.26% and ultimately finalized to $3.83 in last traded day. Stock has got OUTPERFORM rating from 0 of Thomson Reuters analysts, 9 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Analyst’s mean target price for AVP is $2.95 while analysts mean recommendation is 2.80.
At the movement Gibraltar Industries, Inc. (NASDAQ:ROCK) is under coverage by number of analysts. Buy rating has been given by 0 analysts to the company stock whereas 0 given UNDERPERFORM rating to stock and 1 given HOLD rating. The consensus recommendation by Thomson Reuters analysts is OP and their mean rating for the stock is 2.25 on scale of 1-5. Analysts mean target price for Gibraltar Industries, Inc. (NASDAQ:ROCK) is $46.75 while their mean recommendation is 2.20 (1=Buy, 5=sell).
If we look at stock performance in last active day trading, we see that stock has moved edged up 0.23% to end the day at $39.06. The current share price indicate that stock is -20.44% away from its one year high and is moving 22.22% ahead of its 52-week low.