NYSE GE Stock Price Target Increased To $16.00 By Royal Bank Of Canada!

NYSE GE
NYSE GE

Generic Electric Co. ( NYSE GE) stock price target has been increased by the research analysts working at the Royal Canada Bank from $15.00 – $16.00 on Tuesday in their report. The news is confirmed by Benzinga. The brokerage firm currently has issued a rating of “outperform” on the stock of the conglomerate. The price target of the Royal Canada Bank hints at an 18.96% potential upside from the previous close of the NYSE GE stock. 

Report Of Other Analysts On The NYSE GE Stock

The NYSE GE stock has been the subject of several reports done by other analysts. JPMorgan has reaffirmed its rating of “neutral” on the shares of the company on Tuesday, 26th January. Oppenheimer has reiterated its rating of “market perform” on the shares of the company on Wednesday, March 17th. Barclays decreased their price target from $15.00 – $13.00 on Tuesday, 11th March. 

Deutsche Bank has increased its price target from $13.00 – $14.00 while issuing a rating of “hold” on the shares of the company on Wednesday, 17th March. Finally, Goldman Sachs has set its price target as $15.00 while giving a rating of “buy” on the stocks of the company on Wednesday, 17th March. 7 analysts have issued a rating of “hold” while 6 have issued a rating of “buy” on the GE stock. The stock has “hold” as its average rating and $14.00 as its average price target.  

The stocks of NYSE GE opened on Tuesday at $13.45. The company has $5.48 as its one-year low and $14.41 as its one-year high. It has $118.07 billion in market capitalization, a 3.36 ratio between the price and earnings, an 8.61 PEG ratio, and a 1.06 beta. The ratio between the debt and equity of the company stands at 2.10. It has a 2.1 current ratio and a 2.04 quick ratio.

Previous articlePollster reveals what convinced Trump voters to get vaccinated
Next articlePSG Goes Out Of The UCL On A Margin Of 3 Goals