It’s been a crucial week for General Electric Company (NYSE:GE); here’s what analysts have to say.

General Electric Company (NYSE:GE) Logo
Investors sentiment decreased to 0.63 in 2019 Q2. Its down 0.08, from 0.71 in 2019Q1. It dived, as 65 investors sold General Electric Company shares while 599 reduced holdings. 104 funds opened positions while 314 raised stakes. 5.00 billion shares or 2.64% more from 4.87 billion shares in 2019Q1 were reported.
Bp Public Ltd Company owns 859,000 shares or 0.33% of their US portfolio. Schulhoff Co has invested 0.53% in General Electric Company (NYSE:GE). Dupont Management owns 156,396 shares for 0.04% of their portfolio. Massachusetts-based Baystate Wealth Limited Liability Company has invested 0.01% in General Electric Company (NYSE:GE). Zurcher Kantonalbank (Zurich Cantonalbank) has 0.18% invested in General Electric Company (NYSE:GE). Concorde Asset Mgmt Llc has 14,392 shares for 0.09% of their portfolio. Ally invested 1.27% of its portfolio in General Electric Company (NYSE:GE). First Natl Tru owns 27,802 shares or 0.03% of their US portfolio. Selway Asset Mgmt holds 0.16% or 23,175 shares in its portfolio. Newman Dignan And Sheerar owns 33,100 shares or 0.01% of their US portfolio. Kidder Stephen W holds 0.1% of its portfolio in General Electric Company (NYSE:GE) for 24,559 shares. Stone Ridge Asset Mngmt Ltd Liability Co holds 0.05% in General Electric Company (NYSE:GE) or 84,500 shares. Nbt Bancshares N A New York reported 104,658 shares. Barnett & Incorporated owns 4,000 shares. Halbert Hargrove Russell Limited Liability stated it has 0.06% in General Electric Company (NYSE:GE).

Since May 23, 2019, it had 7 insider buys, and 0 insider sales for $5.01 million activity. Timko Thomas S bought $88,300 worth of stock or 10,000 shares. 34,836 shares were bought by Strazik Scott, worth $279,036. CULP H LAWRENCE JR had bought 331,684 shares worth $3.00M. Seidman Leslie had bought 6,500 shares worth $50,700 on Friday, August 23. The insider LAVIZZO-MOUREY RISA J bought $97,500. Shares for $994,752 were bought by Cox L Kevin.

General Electric Company (NYSE:GE) Ratings Coverage

Among 10 analysts covering General Electric (NYSE:GE), 3 have Buy rating, 2 Sell and 5 Hold. Therefore 30% are positive. General Electric has $14 highest and $5 lowest target. $10.25’s average target is 9.74% above currents $9.34 stock price. General Electric had 18 analyst reports since March 14, 2019 according to SRatingsIntel. The rating was maintained by Gordon Haskett Capital Corporation with “Sell” on Friday, March 15. The stock has “Neutral” rating by UBS on Monday, July 15. The company was maintained on Friday, March 15 by UBS. Credit Suisse maintained the stock with “Hold” rating in Friday, March 15 report. The firm has “Buy” rating by RBC Capital Markets given on Thursday, March 21. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Wednesday, June 19 by Citigroup. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Cowen & Co on Friday, March 15. The stock has “Buy” rating by Barclays Capital on Monday, March 18. On Friday, March 15 the stock rating was maintained by Daiwa Securities with “Hold”. The rating was downgraded by JP Morgan to “Underweight” on Monday, April 8. Below is a list of General Electric Company (NYSE:GE) latest ratings and price target changes.

05/09/2019 Broker: Morgan Stanley Rating: Equal-Weight New Target: $10.0000 Initiates Coverage On
15/07/2019 Broker: UBS Old Rating: Buy New Rating: Neutral Old Target: $13.0000 New Target: $11.5000 Downgrade
19/06/2019 Broker: Citigroup Rating: Buy New Target: $14 Maintain
21/05/2019 Broker: BidaskScore Rating: Hold Downgrade
07/05/2019 Broker: BidaskScore Rating: Buy Upgrade
19/04/2019 Broker: BidaskScore Rating: Hold Upgrade
12/04/2019 Broker: BidaskScore Rating: Sell Downgrade
08/04/2019 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Old Target: $6 New Target: $5 Downgrade
27/03/2019 Broker: BidaskScore Rating: Hold Downgrade
21/03/2019 Broker: RBC Capital Markets Rating: Buy New Target: $13 Maintain

The stock increased 0.97% or $0.09 during the last trading session, reaching $9.34. About 44.28M shares traded. General Electric Company (NYSE:GE) has declined 17.39% since September 13, 2018 and is downtrending. It has underperformed by 17.39% the S&P500.

General Electric Company operates as an infrastructure and technology firm worldwide. The company has market cap of $81.51 billion. The Company’s Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. It currently has negative earnings. The companyÂ’s Renewable Energy segment provides wind turbine platforms, and hardware and software; onshore and offshore wind turbines; and solutions, products, and services to hydropower industry.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “Morgan Stanley reinstates coverage on GE – Seeking Alpha” on September 05, 2019, also Finance.Yahoo.com with their article: “General Electric Stock: Even When It’s Good, It’s Still Sort of Bad – Yahoo Finance” published on September 11, 2019, Finance.Yahoo.com published: “Why Shares of General Electric Plunged in August – Yahoo Finance” on September 07, 2019. More interesting news about General Electric Company (NYSE:GE) were released by: Finance.Yahoo.com and their article: “Stock Market Today: Is GE a Fraud or a Screaming Buy? – Yahoo Finance” published on August 16, 2019 as well as Seekingalpha.com‘s news article titled: “General Electric’s Bankruptcy Fears Allayed Again – Seeking Alpha” with publication date: August 26, 2019.

General Electric Company (NYSE:GE) Institutional Positions Chart

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