What 4 Analyst Ratings Have To Say About General Electric
Portfolio Pulse from Benzinga Insights
Over the past quarter, General Electric (NYSE:GE) received 4 analyst ratings, with 2 being bullish and 2 somewhat bullish. There were no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for GE is $138.25, with a high of $148.00 and a low of $131.00. This target has increased by 4.73% from the previous target of $132.00. Analyst ratings are based on predictions of a company's future earnings and revenue, and are updated quarterly or after major company events.
December 11, 2023 | 7:00 pm
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POSITIVE IMPACT
General Electric received 4 positive analyst ratings in the last quarter, with an increased average price target of $138.25, suggesting optimism about the company's future performance.
The unanimous positive ratings from analysts, combined with an increased price target, generally lead to a positive short-term impact on a company's stock price. The lack of any bearish sentiment further supports the likelihood of a positive market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100