tiprankstipranks
Barclays Remains a Buy on General Dynamics (GD)
Blurbs

Barclays Remains a Buy on General Dynamics (GD)

Barclays analyst David E. Strauss maintained a Buy rating on General Dynamics (GDResearch Report) on May 25 and set a price target of $250.00. The company’s shares closed yesterday at $205.25.

E. Strauss covers the Technology sector, focusing on stocks such as Boeing, General Dynamics, and L3Harris Technologies. According to TipRanks, E. Strauss has an average return of 0.3% and a 54.05% success rate on recommended stocks.

Currently, the analyst consensus on General Dynamics is a Strong Buy with an average price target of $256.36, implying a 24.90% upside from current levels. In a report released on May 25, Wells Fargo also maintained a Buy rating on the stock with a $244.00 price target.

See the top stocks recommended by analysts >>

The company has a one-year high of $254.02 and a one-year low of $202.88. Currently, General Dynamics has an average volume of 1.27M.

Based on the recent corporate insider activity of 106 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GD in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Virginia-based General Dynamics Corp. is an aerospace and defense company. The company provides the world’s most technologically advanced business jets, wheeled combat vehicles, command and control systems and nuclear submarines. It operates through five business groups: Aerospace, Combat Systems, Information Technology, Mission Systems and Marine Systems.

Read More on GD:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles