A statement released earlier today by Vetr Inc. about General Electric Company (NYSE:GE) bumps the target price to $32.62
- Updated: December 1, 2016
Stating a potential upside of 0.04%, Vetr Inc. upped the price target of General Electric Company (NYSE:GE) to $32.62
On 11/30/2016, Vetr Inc. released a statement on General Electric Company (NYSE:GE) upped the target price from $0.00 to $32.17 that suggested an upside of 0.05%.
Having a price of $31.39, General Electric Company (NYSE:GE) traded 2.05% higher on the day. With the last close up 3.06% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same period. General Electric Company has recorded a 50-day average of $29.78 and a two hundred day average of $30.46. Volume of trade was up over the average, with 44,701,975 shares of GE changing hands over the typical 34,088,000
With a total market value of $0, General Electric Company has price-earnings ratio of 26.99 with a one year low of $27.10 and a one year high of $33.00 .
A total of 14 analysts have released a report on General Electric Company. Six analysts rating the company a strong buy, four analysts rating the company a buy, seven analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $32.79.
More About General Electric Company (NYSE:GE)
General Electric Company (GE) 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 segment offers products and services related to energy production and water reuse; Renewable Energy segment offers renewable power sources; Oil & Gas offers drilling, completion, production and oil field operation; Energy Management offers technologies to electrical power; Aviation designs and produces commercial and military aircraft engines, integrated digital components and mechanical aircraft systems; Healthcare provides essential healthcare technologies; Transportation is a supplier to the railroad, mining, marine, stationary power and drilling industries; Appliances & Lighting offers appliances and a subset of lighting products, and Capital offers continuing financial services businesses and products.
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