A number of other research analysts have also recently issued reports on GAM. Barclays PLC set a €13.00 ($15.12) price objective on General American Investors and gave the company a neutral rating in a research note on Tuesday, August 8th. Societe Generale set a €13.50 ($15.70) price objective on General American Investors and gave the company a neutral rating in a research note on Wednesday, October 18th. Macquarie set a €10.14 ($11.79) price objective on General American Investors and gave the company a sell rating in a research note on Wednesday, October 18th. Finally, J P Morgan Chase & Co set a €11.50 ($13.37) price objective on General American Investors and gave the company a neutral rating in a research note on Monday, October 23rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of €12.36 ($14.37).
Shares of General American Investors (BME:GAM) opened at €10.01 ($11.64) on Monday. General American Investors has a 52-week low of €9.77 ($11.36) and a 52-week high of €22.54 ($26.21).
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About General American Investors
Siemens Gamesa Renewable Energy SA, formerly Gamesa Corporacion Tecnologica SA, is a Spain-based company engaged in the renewable energy equipment manufacture. The Company specializes in the promotion and development of wind farms, as well as the engineering, design, production and sale of wind turbines.
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