GE Aerospace (NYSE:GE) Price Target Lowered to $270.00 at BNP Paribas Exane

GE Aerospace (NYSE:GEGet Free Report) had its price target dropped by equities researchers at BNP Paribas Exane from $300.00 to $270.00 in a research note issued to investors on Thursday,MarketScreener reports. The firm presently has an “underperform” rating on the stock. BNP Paribas Exane’s price objective would indicate a potential downside of 7.74% from the stock’s previous close.

Several other analysts also recently commented on GE. Daiwa Securities Group began coverage on GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price on the stock. Wells Fargo & Company initiated coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $355.00 price target on shares of GE Aerospace in a research note on Wednesday, April 22nd. Sanford C. Bernstein boosted their price objective on shares of GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a report on Tuesday, March 3rd. Finally, TD Cowen lowered their price objective on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, GE Aerospace currently has an average rating of “Moderate Buy” and an average price target of $348.22.

Read Our Latest Analysis on GE

GE Aerospace Stock Down 0.7%

GE Aerospace stock traded down $2.06 during trading hours on Thursday, hitting $292.66. The stock had a trading volume of 894,279 shares, compared to its average volume of 5,901,980. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $305.34 billion, a P/E ratio of 36.08, a price-to-earnings-growth ratio of 2.76 and a beta of 1.36. GE Aerospace has a 12-month low of $223.45 and a 12-month high of $348.48. The stock’s 50-day moving average price is $299.34 and its 200-day moving average price is $306.18.

GE Aerospace (NYSE:GEGet Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The firm had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities research analysts anticipate that GE Aerospace will post 7.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of GE. REAP Financial Group LLC purchased a new stake in shares of GE Aerospace during the 3rd quarter valued at about $25,000. Blueline Advisors LLC purchased a new position in shares of GE Aerospace in the fourth quarter worth approximately $25,000. Ankerstar Wealth LLC purchased a new position in shares of GE Aerospace in the fourth quarter worth approximately $31,000. Abich Financial Wealth Management LLC bought a new stake in GE Aerospace during the third quarter valued at approximately $32,000. Finally, Tucker Asset Management LLC bought a new stake in GE Aerospace during the fourth quarter valued at approximately $32,000. Institutional investors own 74.77% of the company’s stock.

Key Stories Impacting GE Aerospace

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About GE Aerospace

(Get Free Report)

GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single‑aisle airliners to widebody and military platforms.

Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.

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