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Where Does Wall Street Think General Electric Company (GE) Stock Will Go?

Wednesday, June 22, 2022 10:26 AM | InvestorsObserver Analysts
Where Does Wall Street Think General Electric Company (GE) Stock Will Go?

Wall Street is positive on General Electric Company (GE). On average, analysts give General Electric Company a Buy rating. The average price target is $102.1, which means analysts expect the stock to gain by 57.03% over the next twelve months. That average ranking earns General Electric Company an Analyst Rating of 30, which is better than 30% of stocks based on data compiled by InvestorsObserver.

Overall Score - 4
Wall Street analysts are rating GE a Buy today. Find out what this means to you and get the rest of the rankings on GE!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With General Electric Company Stock Today?

General Electric Company (GE) stock is trading at $65.02 as of 10:25 AM on Wednesday, Jun 22, a decline of -$0.70, or -1.07% from the previous closing price of $65.72. The stock has traded between $64.17 and $65.17 so far today. Volume today is less active than usual. So far 1,171,337 shares have traded compared to average volume of 6,438,338 shares. Click Here to get the full Stock Report for General Electric Company stock.

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