Citigroup Maintains “Buy” Rating for General Motor…
From Financial Modeling Prep: 2025-06-04 18:05:00
Citigroup maintains its “Buy” rating for General Motors (NYSE:GM) on June 4, 2025, with the stock price at $47.79. GM faces tough competition from Toyota Motor (TM), especially in global markets, where Toyota leads in vehicle sales and hybrid technology.
Despite challenges like tariffs and supply risks impacting its financial outlook, GM remains a key player in the auto industry. GM sold over 2.7 million vehicles in 2024, showing a 4% increase from the previous year, but Toyota sold 10.8 million vehicles globally last year, highlighting its strength in hybrid technology and global reach.
GM’s stock price currently sits at $47.81, reflecting a 2.55% decrease. The stock has fluctuated between $47.66 and $49.05 today, with a market capitalization of around $45.96 billion. Despite volatility, Citigroup’s “Buy” rating underscores confidence in GM’s long-term growth potential.
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