Nomura Securities Starts General Motors (GM) at Reduce
Tweet
Share
E-mail
Get Alerts GM Hot Sheet
Price: $87.58 +0.74%
Rating Summary:
28 Buy, 13 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 33 | Down: 45 | New: 4
Rating Summary:
28 Buy, 13 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 33 | Down: 45 | New: 4
Join SI Premium – FREE
Nomura Securities initiates coverage on General Motors (NYSE: GM) with a Reduce rating and a price target of $32.00.
Analyst Harald Hendrikse comments, "GM’s restructuring plans to improve North American margins and cut European losses are more vulnerable to macroeconomic headwinds, and recent China margin declines could be a concern. We regard the 30%+ EPS recovery in FY15E to be overdone."
For an analyst ratings summary and ratings history on General Motors click here. For more ratings news on General Motors click here.
Shares of General Motors closed at $34.34 yesterday.
Analyst Harald Hendrikse comments, "GM’s restructuring plans to improve North American margins and cut European losses are more vulnerable to macroeconomic headwinds, and recent China margin declines could be a concern. We regard the 30%+ EPS recovery in FY15E to be overdone."
For an analyst ratings summary and ratings history on General Motors click here. For more ratings news on General Motors click here.
Shares of General Motors closed at $34.34 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UBS Starts CXMT Corporation (688825:CH) at Buy
- Citi Starts Lingyi Itech Guangdong Co (1688:HK) at Buy
- Seaport Global Securities Downgrades Roku Inc. (ROKU) to Neutral
Create E-mail Alert Related Categories
Analyst Comments, Hot New Coverage, New CoverageRelated Entities
NomuraSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
