General Electric Company (NYSE:GE) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: March 20, 2017
Zacks Investment Research has upgraded General Electric Company (NYSE:GE) to Hold in a statement released on Monday March 20, 2017.
Boasting a price of $29.77, General Electric Company (NYSE:GE) traded -0.33% lower on the day. With the last stock price close down -1.70% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. General Electric Company has recorded a 50-day average of $29.94 and a two hundred day average of $30.30. Volume of trade was down over the average, with 3,213,752 shares of GE changing hands under the typical 29,554,500
With a total market value of $0, General Electric Company has price-earnings ratio of 33.35 with a one year low of $28.19 and a one year high of $33.00 .
A total of 14 equity analysts have released a ratings update 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.
Brief Synopsis 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 and water reuse; 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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