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RBC Capital recorded General Electric (NYSE:GE), lowering its stock price target to $20.00 today

In a statement issued on Tuesday November 14, 2017 RBC Capital dropped the price target of General Electric (NYSE:GE) from $25.00 to $20.00 reporting a possible downside of -0.01%.

Previously on 11/01/2017, JP Morgan reported about General Electric (NYSE:GE) bumped down the target price from $19.00 to $17.00. At the time, this indicated a possible downside of -0.15%.

Just yesterday General Electric (NYSE:GE) traded -0.15% lower at $20.16. GE’s 50-day average is $23.49 and its two hundred day average is $26.09. With the last close down -22.84% relative to the two hundred day average, compared with the S&P 500 which has increased 0.02% over the same time. 35,816,491 shares of GE traded hands, down from an average trading volume of 53,241,300

Recent Performance Chart

General Electric (NYSE:GE)

With a market cap of $0, General Electric has 52 week low of $19.96 and a 52 week high of $32.38 with a P/E ratio of 24.52 .

Also covering General Electric's price target, a total of 14 brokerages have released a report on General Electric. The 12-month price target is $32.79 with six equity analysts rating the company a strong buy, 4 brokers rating the stock a buy, 7 brokers rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On General Electric (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; 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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