Financial

Moving Stock to Concentrate: General Electric Company (NYSE:GE)

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General Electric Company (NYSE:GE) closed its last session at $29.70 with the change of -0.50%. The market capitalization of the company is $266.15B with an average Volume of 35.04 million shares. The stock currently has its 52-Week High range of $33.00 and 52-week low range of $24.26. The Price to Book (P/B) ratio stands at 3.15. The stock traded total quantity of 51.08 million shares.

Currently General Electric Company (GE) captured an average recommendation of “ Overweight ” from analysts, according to FactSet data. The stock has been suggested as “Buy” from “9″ Analysts”. “1” rated “Sell” for the company. “8” said the company as a “Hold”. Overweight rating was given by “1” and Underweight rating was given by “0”.

Analysts are expecting that the company to achieve $32.88 Price Target in next 52-weeks, average price is come up through the consensus of analysts. High potential price target is set at $38.00 however minimum price target advised by analysts is $26.00. The Median price target for the stock is measured at $34.00.

Presently, Analysts decided consensus EPS estimate of $0.33 for present quarter and one month ago projected EPS estimate was at $0.33. If we take a look at back 3 month ago, consensus EPS estimate was $0.37.

A current consensus EPS estimate for next quarter is at $0.47 and 3 month ago EPS forecast was $0.48. Have a look at back 1 month ago, consensus EPS forecast was seen at $0.47.

For current fiscal year, most recent EPS estimate is set at $1.50 based on Analyst consensus and three month ago consensus EPS opinions was at $1.50. During period one month ago, consensus EPS forecast was decided at $1.50.

A current consensus EPS projection for next fiscal year is observed at $1.72 and one month ago consensus EPS forecast was at $1.73. Take a look at back three month ago, consensus EPS estimate opinions was decided at $1.74 by analysts.

One Month ago, the stock has gained consensus mean rating of Overweight based on the analysis of brokerage analyst firms polled. 9 presented the recommendations about the stock as a “Buy” signal and “Overweight” signal was reported by 1. 8 advised the “Hold” rating about this stock. 1 revealed “Sell” signal and “Underweight” rating was declared by 0.

Three Months Ago, Analysts recommended an average brokerage rating of Overweight derived from brokerage firms, according to FactSet. 10 said a “Buy Rating” and 1 announced “Overweight Rating”. 9 advised “Hold Rating” regarding the stock. 1 announced “Sell Rating” and 0 disclosed “Underweight Rating”.

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