A statement released earlier today by Zacks Investment Research about General Electric Company (NYSE:GE) bumps the target price to $34.00
- Updated: September 15, 2016
Boasting a price of $30.49, General Electric Company (NYSE:GE) traded 0.95% higher on the day. The last stock price close is down 3.53% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. General Electric Company has registered a 50-day average of $31.05 and two hundred day moving average of $30.84. Trade volume was was up over the average, with 35,262,527 shares of GE changing hands over the typical 34,917,600 shares.
In a report released on Tuesday September 13 2016 Zacks Investment Research bumped up the target price of General Electric Company (NYSE:GE) from $0 to $34 reporting a possible upsideof 0.12%.
On Tuesday July 26 2016, Bernstein released a statement for General Electric Company(NYSE:GE) bumped the target price from $0.00 to $34.00. At the time, this suggested an upside of 0.07%.
Recent Performance Chart:
A total of 14 equity analysts have issued a research note on GE. Six analysts rate the stock a strong buy, four firms rate the stock a buy, seven firms rate the stock a hold, one analyst rate the stock to underperform, and finally 0 firmsrate the company as sell with a consensus target of $32.79
With a market cap of $0.0, General Electric Company has a one-year low of $24.26 and a one-year high of $33.00 with a PE ratio of 25.
Brief Synopsis 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 and Capital offers continuing financial services businesses and products.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.