TOday’s Movers: General Dynamics Corp (NYSE:GD) Stock Rating Maintained by Credit Suisse; $234.0000 Target Price Indicates 13.91 % Potential

May 22, 2018 - By Marie Mckinney

General Dynamics Corporation (NYSE:GD) Logo

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.01, from 1.08 in 2017Q3. It dropped, as 43 investors sold General Dynamics Corporation shares while 328 reduced holdings. 108 funds opened positions while 290 raised stakes. 229.66 million shares or 10.22% less from 255.81 million shares in 2017Q3 were reported.

Suntrust Banks reported 0.06% stake. Virtus Advisers reported 22,110 shares. Los Angeles Capital Mgmt Equity Rech invested in 0.22% or 201,474 shares. Ativo Mngmt Limited Com holds 0.6% or 11,133 shares. Vantage Invest Advsrs Limited Liability Corporation owns 592 shares. Murphy Management Inc reported 18,249 shares. Daiwa Secs stated it has 0.02% in General Dynamics Corporation (NYSE:GD). Cornerstone Advsrs stated it has 839 shares. Sfmg Llc has invested 0.03% in General Dynamics Corporation (NYSE:GD). Dynamic Advisors Solutions Ltd holds 2,485 shares. Rafferty Asset Mngmt Ltd Com invested in 10,214 shares or 0.04% of the stock. Advisory holds 0.3% in General Dynamics Corporation (NYSE:GD) or 89,282 shares. The Pennsylvania-based Mount Lucas L P has invested 0.41% in General Dynamics Corporation (NYSE:GD). State Board Of Administration Of Florida Retirement holds 0.2% or 364,544 shares in its portfolio. First Interstate Retail Bank holds 7,040 shares.

Since February 14, 2018, it had 0 insider purchases, and 8 insider sales for $8.28 million activity. Johnson S. Daniel had sold 3,933 shares worth $899,843 on Friday, March 9. $814,050 worth of General Dynamics Corporation (NYSE:GD) was sold by Roualet Mark C.. 4,133 shares were sold by CASEY JOHN PATRICK, worth $931,045. 5,977 shares valued at $1.34M were sold by Whited Gary L on Tuesday, March 6. $389,574 worth of General Dynamics Corporation (NYSE:GD) shares were sold by KEANE JOHN M.

General Dynamics Corp (NYSE:GD) Rating Reaffirmed

In an analyst note made public on Tuesday, 22 May, The “Buy” rating of General Dynamics Corp (NYSE:GD) shares was reconfirmed at Credit Suisse, who now has a $234.0000 target price per share on the stock. Credit Suisse’s target price per share means a possible upside of 13.91 % from the stock close price of the company.

General Dynamics Corporation (NYSE:GD) Ratings Coverage

Among 12 analysts covering General Dynamics Corp (NYSE:GD), 7 have Buy rating, 2 Sell and 3 Hold. Therefore 58% are positive. General Dynamics Corp has $282 highest and $215.0 lowest target. $245.92’s average target is 19.71% above currents $205.43 stock price. General Dynamics Corp had 19 analyst reports since December 12, 2017 according to SRatingsIntel. Credit Suisse maintained it with “Outperform” rating and $262 target in Tuesday, February 13 report. On Thursday, January 25 the stock rating was maintained by Citigroup with “Neutral”. The firm earned “Buy” rating on Thursday, January 25 by Bank of America. The stock has “Buy” rating by RBC Capital Markets on Tuesday, January 23. As per Tuesday, December 12, the company rating was downgraded by J.P. Morgan. On Thursday, April 26 the stock rating was maintained by Stifel Nicolaus with “Hold”. Credit Suisse maintained General Dynamics Corporation (NYSE:GD) on Thursday, January 25 with “Outperform” rating. The firm earned “Hold” rating on Thursday, January 25 by Bernstein. The firm earned “Outperform” rating on Thursday, April 26 by Credit Suisse. As per Thursday, January 25, the company rating was maintained by Wells Fargo.

The stock decreased 0.17% or $0.34 during the last trading session, reaching $205.43. About 496,286 shares traded. General Dynamics Corporation (NYSE:GD) has risen 19.18% since May 22, 2017 and is uptrending. It has outperformed by 7.63% the S&P500.

Analysts await General Dynamics Corporation (NYSE:GD) to report earnings on July, 25. They expect $2.56 EPS, up 4.49 % or $0.11 from last year’s $2.45 per share. GD’s profit will be $760.40 million for 20.06 P/E if the $2.56 EPS becomes a reality. After $2.65 actual EPS reported by General Dynamics Corporation for the previous quarter, Wall Street now forecasts -3.40 % negative EPS growth.

General Dynamics Corporation operates as an aerospace and defense firm worldwide. The company has market cap of $61.02 billion. It operates through four business groups: Aerospace; Combat Systems; Information Systems and Technology; and Marine Systems. It has a 21.49 P/E ratio. The Aerospace group designs, develops, makes, and outfits business-jet aircraft; provides aircraft services, such as maintenance, repair, aircraft management, charter, fixed-base operational, and staffing services; and performs aircraft completion services for other original equipment manufacturers.

More important recent General Dynamics Corporation (NYSE:GD) news were published by: Investorplace.com which released: “Trade of the Day: Two Trade Ideas in General Dynamics Corporation” on May 11, 2018, also Seekingalpha.com published article titled: “General Dynamics: Considerable Underappreciation For The Business”, Fool.com published: “Better Buy: Huntington Ingalls Industries, Inc. (HII) vs. General Dynamics (GD)” on May 18, 2018. More interesting news about General Dynamics Corporation (NYSE:GD) was released by: Seekingalpha.com and their article: “Jet Aviation completes acquisition of Hawker Pacific” with publication date: May 02, 2018.

General Dynamics Corporation (NYSE:GD) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: