Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
General Electric (GE) Expected to Post Quarterly Sales of $21.33 Billion
By: MarketBeat | December 14, 2021
• Brokerages predict that General Electric (NYSE:GE) will post $21.33 billion in sales for the current fiscal quarter, Zacks reports. Four analysts have made estimates for General Electric's earnings. The lowest sales estimate is $20.42 billion and the highest is $22.01 billion. General Electric posted sales of $21.93 billion in the same quarter last year, which suggests a negative year over year growth rate of 2.7%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, January 25th...
Read Full Story »»»
DiscoverGold
Deutsche Bank Aktiengesellschaft Trims General Electric (GE) Target Price to $119.00
By: MarketBeat | December 10, 2021
• General Electric (NYSE:GE) had its price objective reduced by equities researchers at Deutsche Bank Aktiengesellschaft from $131.00 to $119.00 in a report released on Friday, The Fly reports. The brokerage presently has a "buy" rating on the conglomerate's stock. Deutsche Bank Aktiengesellschaft's target price suggests a potential upside of 21.68% from the company's previous close...
Read Full Story »»»
DiscoverGold
General Electric Given New $122.00 Price Target at Barclays
By: MarketBeat | December 6, 2021
• General Electric (NYSE:GE) had its target price dropped by equities researchers at Barclays from $128.00 to $122.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has an "overweight" rating on the conglomerate's stock. Barclays's price objective indicates a potential upside of 31.51% from the company's current price...
Read Full Story »»»
DiscoverGold
General Electric (GE) Receives Consensus Recommendation of "Buy" from Brokerages
By: MarketBeat | December 5, 2021
• Shares of General Electric (NYSE:GE) have earned an average rating of "Buy" from the twenty research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $122.12...
Read Full Story »»»
DiscoverGold
GE Stock Coverage Resumed at Morgan Stanley With Overweight Rating
By: TheStreet | November 23, 2021
• Analysts say GE has evolved over the last four years with it now in deleveraging mode.
Shares of General Electric (GE) were rising slightly Tuesday afternoon after analysts at Morgan Stanley resumed coverage of the company with an overweight rating and $125 price target.
Analysts at the firm see the narrative changing for the company after a four-year transition.
"The GE narrative has evolved over the last 4 years from de-risking pension, insurance, and market swings in Power. Now it's deleveraging and the Aviation upcycle. We believe the next phase could be the underappreciated strategic value of the pieces, particularly Aviation," analyst Joshua Pokrzywinski said.
Morgan Stanley notes that GE has reduced the risk of its power division, leverage/pension and insurance over the past three years.
Despite those developments, GE shares have been range-bound for the most part of the past two years.
GE shares were up 0.6% to $101.63 at last check Tuesday afternoon. Shares are up just 10% over the past two years.
"We fully expect shares to be more volatile than most industrials around Covid trends given aero exposure but believe the risk/reward over the next year is attractive with a ~2.7:1 bull/bear spread," Pokrzywinski.
Recently GE announced that it will be splitting into three companies. This could serve as another catalyst for the company, according to Morgan Stanley.
"The breakup and related sum of the parts discussion has rarely unlocked significant value on its own, but peer valuation looks misleading and there is new strategic optionality," Pokrzywinski said. "We're particularly intrigued by the future for Aviation."
Read Full Story »»»
DiscoverGold
General Electric (GE) Director Buys $107,060.00 in Stock
By: MarketBeat | November 16, 2021
• General Electric (NYSE:GE) Director Paula Rosput Reynolds purchased 1,000 shares of General Electric stock in a transaction dated Friday, November 12th. The shares were purchased at an average price of $107.06 per share, for a total transaction of $107,060.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website...
Read Full Story »»»
DiscoverGold
After The General Electric Breakup Announcement Is GE Stock A Buy?
By: Investing.com | November 18, 2021
After years of corporate decline and its stock underperformance, General Electric (NYSE:GE) has finally played its best card in order to win back investor confidence.
The 129 year-old Boston-based industrial conglomerate, which is in the middle of a turnaround, announced last week that it plans to split into three public companies, encompassing its healthcare, aviation and energy businesses, as part of a breakup that will unlock value for its shareholders.
GE will spin off its healthcare business in early 2023 and combine its renewable energy, fossil fuel power and digital units into a single, energy-focused entity that will be spun off a year later. The remaining business will form GE Aviation, its jet-engine division.
Chief Executive Officer Larry Culp, who took the helm in 2018 to transform the struggling industrial giant, called the announcement a “defining moment” for GE.
Culp, during the past three years, bolstered the company’s cash flows by selling major businesses, which included a $30-billion deal to sell its jet-leasing business. Its biotech business was purchased by Danaher (NYSE:DHR) in a $21-billion deal, and the sale of the bulk of the GE Capital finance arm was brokered before Culp's tenure as CEO.
GE shares closed Wednesday at $101.99. The stock price, adjusting for the split, is little changed from where it was when Culp took over in October 2018, compared with a roughly 60% gain in the S&P 500 index. Existing GE shareholders will receive new shares in the two companies after they are spun off.
GE Weekly Chart.
A Clear Rationale
Some of GE’s largest investors are favoring this latest move, which could be the final act in dismantling the conglomerate that was the world’s largest company 20 years ago, with a market capitalization at that time of $401 billion.
In a statement, Trian Fund Management, the activist fund led by Nelson Peltz that amassed a $2.5-billion stake in GE in 2015, said:
“The strategic rationale is clear: three well-capitalized, industry leading public companies, each with deeper operational focus and accountability, greater strategic flexibility and tailored capital allocation decisions.”
The energy unit holding GE’s renewable and fossil-power businesses should achieve mid- to high-single-digit margins even with low rates of growth. GE Aviation’s margins could reach 20%, according to GE’s investor presentation.
Analysts, on the other hand, give a favorable rating to GE stock, which has so far failed to live up this development. Of 20 analysts, surveyed by Investing.com, 12 have an “outperform” rating on the stock, with the 12-month consensus price target reflecting a more than 22% upside.
Consensus Estimates of Analysts Surveyed By Investing.com.
Chart: Investing.com
Deane Dray, an analyst with RBC Capital Markets, said in a note last week that the breakup could generate 20% upside to GE’s current share price, and the move will help management to unlock an “attractive” value for GE shareholders. His note added:
“We are fans of the plan and believe the company is embarking on the three-way separation from a position of strength.”
Bottom Line
GE stock may not show much positive momentum in the near-term as both retail and institutional investors remain focused on tech high-flyers or meme stocks. The complex turnaround story that GE has become is, in comparison, simply less enticing.
But for long-term investors, GE’s latest move represents a good buying opportunity now that the company has settled on a plan to take advantage of its leading market position, especially in healthcare and aviation. For such investors, building up a gradual position in GE stock, with a three-to-five-year horizon, could prove to be a productive move in our view.
Read Full Story »»»
DiscoverGold
GE Aviation ready to look at acquisitions, eye on systems
By: Reuters | November 15, 2021
DUBAI (Reuters) -GE Aviation is ready to look at acquisitions if needed to bring in complementary technologies capable of shaping the future of flight, without waiting for a planned break-up of its parent General Electric (NYSE:GE), its top executive said on Monday.
"(If there is) alignment with our strategic goals and assuming that the business case makes sense, we are open to look at opportunities," GE Aviation Chief Executive John Slattery told Reuters.
"I want to be clear that our opportunities to be strategic in the market place are effective today," he said in an interview at the Dubai Airshow, adding such opportunities "probably run deeper and wider" in systems than in jet engines.
However, he stressed GE Aviation felt under "no pressure" to make external investments.
General Electric (GE) last week announced plans to spin off its businesses into three public companies, marking the end of the 129-year-old conglomerate.
The Boston-based company will separate the healthcare company in early 2023. It will combine GE Renewable Energy, GE Power and GE Digital and spin off the business in early 2024.
Following the split, it will become an aviation company, helmed by Chairman and Chief Executive Larry Culp.
The aviation company will inherit GE's other assets and liabilities, including its runoff insurance business.
Slattery said GE Aviation had not been placed under any restrictions by Culp or the board limiting its ability to look at adjacent technologies "or other inorganic opportunities" as long as they fit the strategy and had a good business case.
"If they do, we are not time-bound in terms of waiting until the spin-offs occur," Slattery said.
"When I think about our franchise footprint in commercial aviation, in military aviation and now increasingly in our systems business, those are the areas I want to continue to grow," he added.
"I think it is probably fair to say the opportunities to broaden the aperture ... probably run deeper and wider in our systems business than they would in inorganic (acquisition) opportunities on the commercial or military engine front."
Analysts say high-tech systems and associated technologies are key to the future of aircraft which will see a more seamless integration between powerplants and airframes than in the past.
GE Aviation's main competitor in engines for in-demand narrowbody commercial jet engines and in military jet engines, Pratt & Whitney, is part of the Raytheon Technologies (NYSE:RTX) conglomerate that combines a broad slate of aircraft systems.
In the past three years, Culp has focused on reducing debt by selling assets, and improving cash flows by streamlining operations and cutting overhead costs.
After a $30 billion deal in March to merge GE's jet-leasing unit with Ireland's AerCap, Culp said GE would look to "play more offense" to grow its industrial business.
Since then, the company has pursued "bolt-on" acquisitions in the healthcare space.
Read Full Story »»»
DiscoverGold
FY2023 EPS Estimates for General Electric (GE) Boosted by Oppenheimer
By: MarketBeat | November 12, 2021
• General Electric (NYSE:GE) - Analysts at Oppenheimer lifted their FY2023 earnings estimates for shares of General Electric in a research note issued on Tuesday, November 9th. Oppenheimer analyst C. Glynn now forecasts that the conglomerate will post earnings per share of $5.80 for the year, up from their prior forecast of $5.30. General Electric (NYSE:GE) last announced its earnings results on Monday, October 25th. The conglomerate reported $0.57 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.43 by $0.14. The firm had revenue of $18.43 billion during the quarter, compared to analyst estimates of $19.17 billion. General Electric had a negative net margin of 0.05% and a positive return on equity of 5.88%. The company's revenue for the quarter was down .5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.48 EPS...
Read Full Story »»»
DiscoverGold
Cowen Increases General Electric (GE) Price Target to $126.00
By: MarketBeat | November 10, 2021
• General Electric (NYSE:GE) had its price target upped by investment analysts at Cowen from $108.00 to $126.00 in a report released on Wednesday, Briefing.com reports. The firm currently has a "market perform" rating on the conglomerate's stock. Cowen's target price would suggest a potential upside of 14.40% from the company's current price...
Read Full Story »»»
DiscoverGold
Hint. I believe I started my post out with the words “split adjusted”.
Read a little closer I guess.
Jetmek_03052
I think you forgot about the BIG R/S , what was it 1 for 8 or 1 for 10 ??
Maybe you should go back to school and take a math course
jmho
Hint i retired after 34 years at good old GE
LMAO!
Sure. Looks really terrible, eh?
Using split adjusted numbers, it’s up from around $45/share in May 2020, to almost $110 today!
Really terrible performance, eh?
I also held this years ago, but got out of it when the collapse under former leader happened started to happen.
And that collapse was well forecasted.
It amazes me when people still talk about the old GE! Happened SO LONG AGO!
If leadership hadn’t changed, if it was being run the same way? Yeah, investors would be justified in bitching about it.
But it’s NOT.
Everything changes. GE has already changed IMMENSELY. Leaner operations, debt being pared down every year.
Higher GE share prices ahead, if the market keeps chugging along.
GE is a good buy.
CNBC
Cramer talking about GE
Man did he cut there balls off ?
jmho
what a joke
share price is down about 75 % in last 20 years
sold my last shares about 18 years ago about $37.00 and the SP took a good shit from then on
jmho
GE shares jump as it splits into 3 companies - GE CEO Larry Culp bets on aviation, energy and healthcare:
https://www.foxbusiness.com/markets/ge-shares-jump-as-it-splits-into-3-companies
GE Placed on S&P CreditWatch Negative on Breakup Plan
By: TheStreet | November 9, 2021
• 'Upon the separation of GE Healthcare [set for early 2023], we would view GE as less diversified,' S&P said, according to a media report
General Electric’s (GE) plan to split itself into three didn’t impress everyone Tuesday: S&P Global Ratings put the iconic industrial conglomerate on CreditWatch for a possible downgrade.
"Upon the separation of GE Healthcare [set for early 2023], we would view GE as less diversified," S&P said, according to MarketWatch.
"In the past year, the health care segment has been more resilient and contributed relatively stable profitability and cash flow given the impact of the Covid-19 pandemic on its aviation segment and while power remains in turnaround mode.
The separation of the health care segment would be a credit negative in our view."
To be sure, S&P pointed out that the aviation and energy units have important strengths: strong market positions and large-scale operations.
S&P sees a gradual rebound in aviation from its pandemic-induced stupor and a "more robust margin recovery" in 2022. It anticipates close to pre-pandemic profit margins in 2023.
As for GE’s plan, current Chief Executive Larry Culp will be nonexecutive chairman of the health-care group, which will be run by Peter Arduini when it is spun off.
Tax-free spinoffs of the energy and power divisions will occur in 2024, as they're combined into a single group led by Scott Strazik, GE said.
The bulk of the current company remaining in place -- with the GE name -- will focus on aviation and will be led by John Slattery.
Collectively, the separations will cost around $2.5 billion, GE said, when taxes and operational expenses are ultimately tallied.
GE recently traded at $112.52, up 3.8%.
Read Full Story »»»
DiscoverGold
I don't own GE shares, but I follow it due to its CEO, Culp, and it being a BA supplier. Culp founded Danaher Corp, one of my holdings.
Up for the greatest post of the YEAR award
remember a few years ago GE got rid of about 450 corporate Vice Presidents that were dead weight
jmho
Total Chit show. CNBC had in interesting analysis this morning on GE with historical charts going back to when GE carried a $600 Billion valuation and market cap. Even with GE shares +5% today, GE shares are (-64%) over the past 20 years. Just pathetic. Longtime shareholders who had their share count destroyed in the Reverse Split, and who are siting on a couple of Wabtec shares from that spinoff, will now end up with a very small number of shares in 3 different companies. The bottom line is that Jeff Immelt destroyed the greatest company in America and we are now left with the spoils that aren't worth much compared to our original positions that were at one time considered forever holdings.
CULP SAY TUSA “EAT IT” 3 TIMES
Wonder how good old GE will screw the retired people now ?
JMHO
News:
“GE surges, Plans to Form Three Public Companies Focused on Growth Sectors of Aviation, Healthcare, and Energy”
Me thinks Tusa may not have a good day today…
CULP SAY “EAT IT TUSA”
General Electric Tops Q3 Earnings, Lifts Profit Outlook, Narrows 2021 Cash Flow Forecast
By: TheStreet | October 26, 2021
• General Electric narrowed its industrial free-cash flow forecast following a mixed set of third quarter results that included stronger profits but modestly weaker revenues.
General Electric Co (GE) posted stronger-than-expected third quarter earnings Tuesday, and lifted its full-year profit outlook, but narrowed its industrial cash flow forecast amid what it called a "challenging operating environment" and "global supply chain disruptions".
General Electric said adjusted non-GAAP earnings for the three months ending in June were pegged at 57 cents per share, up 18.75% from the same period last year and 14 cents ahead of the Street consensus forecast. Group revenues, General Electric said, slipped 1% to $18.4 billion, coming inwell shy of analysts' estimates of a $19.251 billion tally.
Looking into the final months of the year, GE said it sees earnings in the region of $1.80 to $2.10 per share -- compared to its prior forecast of $1.20 to $2.00 -- and narrowed its forecast for industrial free cash flows to between $3.75 billion and $4.75 billion compared to its earlier estimate of $3.5 billion and $5 billion.
“The GE team delivered another strong quarter. Orders grew, margins expanded, our overall cash performance was significantly better, and Aviation is building momentum and showing continued signs of recovery," said CEO Larry Culp. "The teams are managing through a challenging operating environment, including global supply chain disruptions and onshore wind market pressure due to the U.S. Production Tax Credit. Against that backdrop, we're raising our 2021 EPS expectations and narrowing our full-year free cash flow outlook."
"Our progress strengthening our balance sheet and operations enables us to drive long-term growth and value in our businesses," he added. "With leading positions in our markets, we are serving customers with vital equipment and services that shape the future of flight, advance precision health, and lead the energy transition. We remain on track to deliver high single-digit free cash flow margins over time."
General Electric shares were marked 1.1% higher in pre-market trading immediately following the earnings release to indicate an opening bell price of $106.45 each.
GE shares have gained only around 1.6% since debuting their split-adjusted price on August 2 as investors looked past the group's stronger-than-expected second quarter earnings last week and an improved outlook for industrial cash flows to fragility in the global economic recovery and surging input costs for the industrial sector.
JPMorgan analysts Stephen Tusa, a long-time GE skeptic who carries a 'neutral' rating with a $55 price target on the stock, said earlier this month that weakening near-term fundamentals make the industrial group's longer-term anchors "more optimistic".
He also suggested that recent portfolio moves, as well as the appointment of a new CEO at GE Healthcare earlier this summer, represent a "plan b' for the company as it moves into a more difficult macroeconomic backdrop over the final months of the year.
Read Full Story »»»
DiscoverGold
Can GE Stock Break Out on Earnings?
By: TheStreet | October 25, 2021
• General Electric is set to report earnings on Tuesday before the open. Will the results be enough to trigger a breakout in GE stock?
General Electric (GE) stock has been holding up pretty well lately, although it’s been consolidating for quite some time.
In fact, one could argue that GE stock has been consolidating for most of 2021.
The company has done better than expected, delivering upside guides to its free cash flow outlook.
There have been a lot of issues for General Electric to navigate over the past two years, ranging from Boeing’s (BA) company-specific issues to macro issues related to the COVID-19 pandemic.
On Tuesday morning, we’ll get an idea of how the company weathered the past three months and what management expects going forward.
If it’s a subpar result and outlook, it may be more of the same for the stock. However, if management can deliver, we could be looking at a potentially large breakout.
Let’s look at the chart.
Trading GE Stock
Daily chart of GE stock.
Chart courtesy of TrendSpider.com
In the first quarter, General Electric caught a nice pop up to the $115 area (on a post-split adjusted basis). However, that nice rally was met with rapid, aggressive selling, which sent it to a low near $95.50 a few days later.
That was in March, but we’ve since seen the range get even tighter.
While $115 remains resistance and the $95.50 to $98 area has been support, we’ve mostly seen support come into play around $100 to $102 and resistance come into play between $107 and $108.
As GE stock rides the 200-day and 50-week moving averages higher, I want to see if earnings are enough to thrust shares above $108. A move over $108 would immediately open the door to $115.
If GE stock can clear $115, the $125 to $128 area would be the next zone to focus on, with the 161.8% extension coming into play near the latter, at $127.98.
On the downside, the 50-day and 200-day moving averages would be a great area to hold after the report. That would equate to a post-earnings loss of 2.5% or less.
Should shares break these measures, the 50-week moving average is the main focus. Below that puts $98 on the table, then $95.50.
Read Full Story »»»
DiscoverGold
CULP SAY “EAT IT” TUSA
www (dot) tusaeatsit (dot) com
I don't think Tulsa cares about being an idiot lol, he called for $55 value for $GE, but he forgot to mention that this company is a good flip stock. Why because he owns zero shares.he just wants folks to dump it.
Really.
https://money.cnn.com/quote/forecast/forecast.html?symb=ge
Out of 20 analysts, 11 rate it a BUY, 1 rates it as a OUTPERFORM and 9 rate it as a hold.
I’d say Tusa is pretty much in the VAST MINORITY of those having a bad opinion of GE.
Tusa is an idiot, plain and simple. He’s been wrong at every step since Culp took over and it is plainly shown just HOW wrong he’s been.
Very interesting, I guess Tusa is not alone on this journey of hate.lol
No one CARES what Tusa thinks. WHY?
Because Tusa has been WRONG WRONG WRONG about GE....FOR YEARS!
Tusa is being led around by his unreasonable hate for GE. It CONSUMES him!
TOO FUNNY!
Tusa is a JOKE.
G E $200 target price woohoooooo
GE analyst Steven Tusa over at JPMorgan thinks shares of the industrial giant deserved to be hammered.
"We think that, on consensus numbers, the stock is overvalued by ~20%, with more substantial downside based on a more come complete accounting for liabilities which compound should there be a shortfall to an optimistic consensus," Tusa wrote in an extensive new research note to clients on Tuesday.
The closely watched analyst reiterated a $55 price target on GE, representing downside risk of about 47% from current levels.
GE shares fell 2% on Tusa's commentary.
The stock is up 18% year-to-date, compared to a 16% return for the S&P 500 as traders bet GE will benefit from the global economic recovery and its cost-cutting efforts under CEO Larry Culp.
Under Culp, GE has focused on lean manufacturing initiatives to slash costs and produce higher quality, more profitable products. In turn, GE's cash flow trends have improved in recent quarters.
But Tusa warns investors should be cautious on GE right now.
Explains Tusa, "GE is operating through a difficult period, born from a combination of over a decade of leverage-related issues that, combined with challenged end markets and intensified competition, have left the company with significant liabilities and little free cash flow to support. The company has undertaken major portfolio moves to de-lever as a response, further diluting future fundamental levels of earnings and FCF. Management to its credit delivered on better than expected free cash flow in 2019, but we believe incomplete guidance is keeping a persistently optimistic Street from resetting, making the stock look cheaper than it is using published consensus."
Tusa added he continues to see "structural concerns" in key power markets and now "structural weakness" at GE's aviation business.
GE is slated to report third quarter earnings on Oct. 26.
Brian Sozzi is an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.
?
Read the latest financial and business news from Yahoo Finance
Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, YouTube, and reddit
$19.34 Billion in Sales Expected for General Electric (GE) This Quarter
By: MarketBeat | September 27, 2021
• Wall Street brokerages expect that General Electric (NYSE:GE) will report sales of $19.34 billion for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for General Electric's earnings, with estimates ranging from $18.68 billion to $19.86 billion. General Electric posted sales of $19.42 billion in the same quarter last year, which would indicate a negative year-over-year growth rate of 0.4%. The firm is scheduled to report its next quarterly earnings report on Wednesday, October 27th...
Read Full Story »»»
DiscoverGold
$GE Having some trouble with the heatmap above as the huge volume shelf forms on the weekly
By: TrendSpider | September 30, 2021
• $GE Having some trouble with the heatmap above as the huge volume shelf forms on the weekly
Read Full Story »»»
DiscoverGold
And Pig is the operative term for GE right now.
I was expecting the divy to boost the price a bit ,I guess it was lipstick slapped on this pig.
General Electric (GE) Declares Quarterly Dividend of $0.08
By: MarketBeat | September 10, 2021
• General Electric (NYSE:GE) announced a quarterly dividend on Friday, September 10th, RTT News reports. Investors of record on Monday, September 27th will be paid a dividend of 0.08 per share by the conglomerate on Monday, October 25th. This represents a $0.32 annualized dividend and a dividend yield of 0.31%. The ex-dividend date of this dividend is Friday, September 24th...
Read Full Story »»»
DiscoverGold
GE It’s a beautiful thing Look at all that green buying WOOHOOOOOO
You missed the reverse split.
How did their share price get so high what did I miss
Perfect flipperoni all day long.
GE Stock Could Be a Turnaround Story With an Eye on $150
“GE reported orders up 33%, GAAP revenue up 9%, and an industrial profit margin of 5.3%. As a result, its adjusted earnings per share (EPS) was 19 cents per share. But more important than anything, it reported a huge turnaround in its industrial free cash flow.”
https://www.google.com/amp/s/investorplace.com/2021/08/ge-stock-could-make-a-6-fcf-margin-next-year-valuing-it-with-a-3-fcf-yield/amp/
Sure. Flipping stock. HA!
GE has become a flippers paradise this days, it's become the Padre island of spring break. Thanks to poor management.
General Electric (GE) Receives Average Rating of "Buy" from Brokerages
By: MarketBeat | August 27, 2021
• General Electric (NYSE:GE) has been given a consensus recommendation of "Buy" by the sixteen ratings firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and nine have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $118.29...
Read Full Story »»»
DiscoverGold
Followers
|
346
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
11968
|
Created
|
10/23/01
|
Type
|
Free
|
Moderators |
UNDER CONSTRUCTION
General Electric Company (GE) develops, manufactures, and markets various products for the generation, transmission, distribution, control,
and utilization of electricity worldwide. Its products primarily include various appliances, lighting and industrial automation products,
medical diagnostic imaging systems, bioscience assays and separation technology products, electrical distribution and control equipment, locomotives,
power generation and delivery products, nuclear power support services and fuel assemblies, commercial and military aircraft jet engines, and
security equipment and systems, as well as engineered materials, such as plastics and silicones.
The company also offers turbomachinery products and services for the production, transportation, storage, refining, and distribution of oil and natural gas;
and provides specialty chemicals, pumps, valves, filters and fluid handling equipment for improving the performance of water, wastewater, and process systems.
In addition, GE sells and services various home appliances, as well as rents, leases, sells, and manages commercial and transportation equipment.
Further, it offers various product services; electrical apparatus installation, engineering, and repair and rebuilding services; and aircraft maintenance,
component repair and overhaul services, including sales of replacement parts.
Additionally, the company produces and delivers network television services, operates television stations, produces and distributes motion pictures,
and operates cable/satellite networks, theme parks, and program activities in multimedia and the Internet. GE also offers a range of financial and other services,
including consumer financing, commercial and industrial financing, real estate financing, asset management and leasing, mortgage services,
consumer savings and insurance services, and reinsurance.
The company was founded in 1892 and is based in Fairfield, Connecticut.
http://www.ge.com/
Hisory of GE
http://www.schenectadyhistory.org/ge/index.html
https://finviz.com/quote.ashx?t=GE
***DISCLAIMER***
- The Board Monitor and The Board Assistants herewith, are not licensed brokers and assume NO responsibility for the actions, investment decisions, and or messages posted on this forum.
- We do NOT recommend that anyone buy or sell any securities posted herewith. Any trade entered into risks the possibility of losing the funds invested.
- There are no guarantees when buying or selling any security.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |