General Electric Company (NYSE:GE) target price lowered to $34.00, reported today by UBS Securities
- Updated: October 14, 2016
General Electric Company (NYSE:GE) had its target price lowered to $34.00 by UBS Securities in a report released 10/14/2016. The new target price indicates a possible upside of 0.17% based on the company's last stock close price.
Previously on 10/10/2016, Vetr Inc. reported about General Electric Company (NYSE:GE) raised the target price from $0.00 to $32.35. At the time, this indicated a possible upside of 0.12%.
Yesterday General Electric Company (NYSE:GE) traded 0.66% higher at $28.95. The company’s 50-day moving average is $30.04 and its 200-day moving average is $30.71. The last closing price is down -5.69% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 5,030,771 shares of GE changing hands under the typical 31,051,600
With a total market value of $0, General Electric Company has price-earnings ratio of 24.48 with a one year low of $27.10 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 (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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