General Electric Company found using ticker (GE) now have 19 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 144 and 55 calculating the average target price we see 120.13. Given that the stocks previous close was at 96.91 this indicates there is a potential upside of 24.0%. There is a 50 day moving average of 97.94 while the 200 day moving average is 103.3. The market capitalisation for the company is $100,052m. Company Website: https://www.ge.com
The potential market cap would be $124,024m based on the market concensus.
General Electric Company operates as a high-tech industrial company worldwide. The company’s Power segment offers heavy-duty and aeroderivative gas turbines for utilities, independent power producers, and industrial applications; maintenance, service, and upgrade solutions to plant assets and their operational lifecycle; steam power technology for fossil and nuclear applications, including boilers, generators, steam turbines, and air quality control systems; and advanced reactor technologies solutions comprising reactors, fuels, and support services for boiling water reactors. This segment also applies the science and systems of power conversion to provide motors, generators, automation, and control equipment; and drives for energy intensive industries, such as marine, oil and gas, mining, rail, metals, test systems, and water. Its Renewable Energy segment provides various solutions for its customers through combining onshore and offshore wind, blades, hydro, storage, solar, and grid solutions, as well as hybrid renewables and digital services offerings. The company’s Aviation segment designs and produces commercial and military aircraft engines, integrated engine components, electric power, and mechanical aircraft systems; and provides aftermarket services. Its Healthcare segment develops, manufactures, markets, and services magnetic resonance, computed tomography, molecular imaging, x-ray and high-frequency soundwave systems, clinical monitoring and acute care systems, enterprise digital, artificial intelligence applications, consulting and command center, and complementary software and services; and researches, manufactures, and markets imaging agents. The company’s Capital segment offers aviation leasing and financing, and working capital services; financial solutions and underwriting capabilities; and insurance and reinsurance for life and health risks, as well as annuity products. The company was founded in 1878 and is headquartered in Boston, Massachusetts.
