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A statement released earlier today by RBC Capital Markets about General Electric Company (NYSE:GE) bumps down the target price to $20.00

RBC Capital Markets bumped down the target of General Electric Company (NYSE:GE) to $20.00 stating a potential upside of 0.11%.

On Wednesday November 01, 2017, JP Morgan released a statement for General Electric Company (NYSE:GE) bumped down the target price from $19.00 to $17.00 that suggested a downside of -0.15%.

Boasting a price of $17.94, General Electric Company (NYSE:GE) traded -0.15% lower on the day. With the last stock price close down -22.84% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. General Electric Company has recorded a 50-day average of $23.49 and a two hundred day average of $26.09. Volume of trade was down over the average, with 35,816,491 shares of GE changing hands under the typical 53,241,300

Performance Chart

General Electric Company (NYSE:GE)

With a total market value of $0, General Electric Company has price-earnings ratio of 24.52 with a one year low of $19.96 and a one year high of $32.38 .

A total of 14 equity analysts have released a research note on GE. Six equity analysts rating the company a strong buy, four equity analysts rating the company a buy, seven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $32.79.

More About General Electric Company (NYSE:GE)

General Electric Company is a global digital industrial company. The Company's products and services range from aircraft engines, power generation, and oil and gas production equipment to medical imaging, financing and industrial products. Its segments include Power, which includes products and services related to energy production; Renewable Energy, which offers renewable power sources; Oil & Gas, including liquefied natural gas and pipelines; Aviation, which includes commercial and military aircraft engines, and integrated digital components, among others; Healthcare, which provides healthcare technologies in medical imaging, digital solutions, patient monitoring and diagnostics, and drug discovery, among others; Transportation, which is a supplier to the railroad, mining, marine, stationary power and drilling industries; Energy Connections & Lighting, which includes Energy Connections and Lighting businesses, and Capital, which is a financial services division.

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