General Electric Company – Consensus ‘Buy’ rating and 2.4% Upside Potential

Broker Ratings
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General Electric Company which can be found using ticker (GE) now have 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 120 and 84.2 suggesting an average Analsyt target price of $102.56. Given that the stocks previous close was at $100.15 this would indicate that there is a potential upside of 2.4%. The 50 day moving average now sits at $90.78 and the 200 moving average now moves to $69.52. The market capitalization for the company is $107,327m. Visit the company website at: https://www.ge.com

The potential market cap would be $109,910m based on the market consensus.

General Electric Company operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. It offers gas and steam turbines, full balance of plant, upgrade, and service solutions, as well as data-leveraging software for power generation, industrial, government, and other customers. The company also provides various solutions for its customers through combining onshore and offshore wind, blade manufacturing, grid solutions, hydro, storage, hybrid renewables, and digital services offerings. In addition, it designs and produces commercial and military aircraft engines, integrated engine components, electric power, and mechanical aircraft systems; and provides aftermarket services. Further, it provides healthcare technologies to developed and emerging markets in medical imaging, digital solutions, patient monitoring and diagnostics, and drug discovery and performance improvement solutions that are the building blocks of precision health to hospitals and medical facilities. Additionally, the company engages in the provision of various financial solutions; and management of run-off insurance operations, which provides life and health insurance and reinsurance products, as well as grid management software. General Electric Company was incorporated in 1892 and is headquartered in Boston, Massachusetts.

The company has a dividend yield of 0.33% with the ex dividend date set at 6-3-2023 (DMY).

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