General Electric Company with ticker code (GE) have now 17 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 97 and 75 with a mean TP of 86.94. Given that the stocks previous close was at 82.35 this would imply there is a potential upside of 5.6%. The 50 day moving average now sits at 71.62 and the 200 day MA is 60.69. The market capitalisation for the company is $89,719m. Visit the company website at: https://www.ge.com
The potential market cap would be $94,720m based on the market concensus.
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.
