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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: General Motors (GM) and LGI Homes (LGIH)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on General Motors (GMResearch Report) and LGI Homes (LGIHResearch Report).

General Motors (GM)

RBC Capital analyst Joseph Spak maintained a Buy rating on General Motors yesterday and set a price target of $70.00. The company’s shares closed last Tuesday at $41.42, close to its 52-week low of $39.75.

According to TipRanks.com, Spak has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -12.1% and a 44.2% success rate. Spak covers the Industrial Goods sector, focusing on stocks such as Magna International, Tenneco Automotive, and American Axle.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for General Motors with a $71.93 average price target, implying a 67.4% upside from current levels. In a report issued on March 28, Citigroup also maintained a Buy rating on the stock with a $95.00 price target.

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LGI Homes (LGIH)

In a report released yesterday, Carl Reichardt from BTIG maintained a Sell rating on LGI Homes, with a price target of $98.00. The company’s shares closed last Tuesday at $96.87.

According to TipRanks.com, Reichardt is a 3-star analyst with an average return of 4.8% and a 40.6% success rate. Reichardt covers the Consumer Goods sector, focusing on stocks such as Green Brick Partners, Taylor Morrison, and Toll Brothers.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for LGI Homes with a $97.00 average price target.

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Read More on GM:

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