A statement released earlier today by Zacks Investment Research about General Electric Company (NYSE:GE) raises the target price to $33.00
- Updated: September 27, 2016
Having a price of $29.54, General Electric Company (NYSE:GE) traded 0.95% higher on the day. With the last close down -3.30% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. General Electric Company has recorded a 50-day average of $30.76 and a two hundred day average of $30.84. Volume of trade was down over the average, with 9,585,299 shares of GE changing hands under the typical 32,766,400
General Electric Company (NYSE:GE) had its target price raised to $33.00 by Zacks Investment Research in an issued report announced 09/27/2016. The upped price target suggests a potential upside of 0.12% from the company's most recent close.
On 9/26/2016, Vetr Inc. released a statement on General Electric Company (NYSE:GE) upped the target price from $0.00 to $32.04 that suggested an upside of 0.07%.
With a total market value of $0, General Electric Company has price-earnings ratio of 25.21 with a one year low of $24.26 and a one year high of $33.00 .
A total of 14 analysts have released a research note 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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