General Motors rose 3.5% big rub rating to buy-若槻ゆうか

General Motors rose 3.5% Morgan Stanley raised the rating to buy U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes warrants to view the latest market Sina stocks 20 am Beijing time news, General Motors (GM) Monday afternoon ranked high, up more than 3.5% of the maximum. Earlier, Morgan Stanley announced that up GM’s stock rating, the main reason is expected to maintain the effectiveness and profitability of the auto giant will exceed the length of time investors expect. Morgan Stanley analyst Jones (Adam Jones) pointed out that GM’s stock rating from neutral to overweight, target price raised from the current $37 to $29, compared with the current share price of about 16%. Jones believes that investors underestimate the current GM car sales peak period can last, and the profitability of the car manufacturers. In the automobile manufacturers generally announced higher than expected second quarter profit after two years, Jones believes that the profits of these companies will be flat. The analyst said, if this is the case, the market may reap unexpected surprises. GM shares have fallen 6% since entering this year, rival Ford (F) shares fell by the same period last year, the S & P 500 index rose by over the same period of 5.2%. Beijing time 0:33, GM’s shares rose 2.87% to $31.86, the highest intraday value of $32.08. Editor: Li Li SF053相关的主题文章: