General Electric (NYSE:GE) price target lowered to $34.00, issued a report today by UBS
- Updated: October 14, 2016
Having a price of $28.77, General Electric (NYSE:GE) traded 0.66% higher on the day. The last closing price is down -5.69% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. General Electric has recorded a 50-day average of $30.04 and a 200-day moving average of $30.71. 5,030,771 shares of the stock traded hands, down from an avg. volume of 31,051,600
UBS dropped the price target of General Electric (NYSE:GE) to $34.00 stating a possible upside of 0.18%.
On 10/10/2016, Vetr Inc. released a statement about General Electric (NYSE:GE) upped the target price from $0.00 to $32.35. At the time, this indicated a possible upside of 0.12%.
General Electric has a 52 week low of $27.10 and a one year high of $33.00 with a price-earnings ratio of 24.48 General Electric’s market capitalization is presently $0.
A total of 14 brokers have issued a report on the stock. Six firms rating the stock a strong buy, 4 analysts rating the company a buy, 7 brokers rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 firms rating the stock a sell with a average stock price target of $32.79.
Brief Synopsis About General Electric (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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