Zacks Rating on General Electric Company (GE)

General Electric Company (GE) : 12 analysts are covering General Electric Company (GE) and their average rating on the stock is 2.08, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. General Electric Company (GE) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

General Electric Company (GE) : The consensus price target for General Electric Company (GE) is $33.9 for the short term with a standard deviation of $3.35. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $38, however, the pessimist price target for the company is $28.


Shares of General Electric Company appreciated by 0.13% during the last five trading days but lost 1.3% on a 4-week basis. General Electric Company is up 5.42% in the last 3-month period. Year-to-Date the stock performance stands at 1.83%. General Electric Company (NYSE:GE): On Tuesdays trading session , Opening price of the stock was $31.45 with an intraday high of $31.57. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $31.23. However, the stock managed to close at $31.23, a loss of 0.29% for the day. On the previous day, the stock had closed at $31.32. The total traded volume of the day was 32,115,291 shares.

General Electric Company (GE) is a diversified infrastructure and financial services company. The products and services of the Company range from aircraft engines, power generation, oil and gas production equipment, and household appliances to medical imaging, business and consumer financing and industrial products. The Company operates its segments through its eight businesses, -based on the markets they serve: Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Appliances, and Lighting and GE Capital. GE Capital operates the following businesses: Commercial Lending and Leasing, Consumer, Real Estate, Energy Financial Services and GE Capital Aviation Services. The Company operates in approximately 175 countries.

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