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A Quick Look at Today's Ratings for General Dynamics(GD.US), With a Forecast Between $315 to $350

Futu News ·  Oct 24 21:00  · Ratings

On Oct 24, major Wall Street analysts update their ratings for $General Dynamics (GD.US)$, with price targets ranging from $315 to $350.

Morgan Stanley analyst Kristine Liwag maintains with a buy rating, and maintains the target price at $345.

Wells Fargo analyst Matthew Akers maintains with a hold rating, and adjusts the target price from $317 to $322.

Wells Fargo analyst Sarah Akers maintains with a hold rating, and adjusts the target price from $317 to $322.

Jefferies analyst Sheila Kahyaoglu maintains with a buy rating, and maintains the target price at $350.

TD Cowen analyst Gautam Khanna maintains with a buy rating, and maintains the target price at $315.

Furthermore, according to the comprehensive report, the opinions of $General Dynamics (GD.US)$'s main analysts recently are as follows:

  • General Dynamics demonstrated robust revenue growth of 10%, bolstered by its Aerospace and Marine divisions. The Q3 earnings per share fell short of predictions owing to a reduced number of G700 deliveries. Nevertheless, future projections for the G700 deliveries appear more promising, with an expectation to fulfill 27 deliveries in Q4.

  • General Dynamics' guidance points to 27 G700 deliveries in the fourth quarter, a target that may present challenges due to persistent supply chain problems that have previously impeded deliveries in the second and third quarters.

Here are the latest investment ratings and price targets for $General Dynamics (GD.US)$ from 8 analysts:

StockTodayLatestRating_nn_201910_20241024_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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