1 week Ago By Defense World Staff
GE Vernova (NYSE:GEV – Get Free Report) had its target price boosted by investment analysts at Robert W. Baird from $387.00 to $405.
00 in a research note issued on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Robert W.
Baird’s price objective points to a potential upside of 8.69% from the company’s previous close.A number of other research firms have also weighed in on GEV.
The Goldman Sachs Group boosted their price objective on shares of GE Vernova from $446.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, January 24th.
Truist Financial set a $440.00 price target on GE Vernova in a research note on Thursday, March 27th. Marathon Capitl raised GE Vernova to a “strong-buy” rating in a research report on Friday, January 31st.
Jefferies Financial Group increased their target price on GE Vernova from $391.00 to $413.00 and gave the stock a “buy” rating in a research report on Thursday, March 27th.
Finally, Susquehanna began coverage on GE Vernova in a report on Wednesday, April 2nd. They issued a “positive” rating and a $370.00 price target for the company.
Six equities research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and four have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $369.
22.View Our Latest Analysis on GE VernovaGE Vernova Stock PerformanceShares of NYSE:GEV opened at $372.62 on Thursday.
GE Vernova has a one year low of $149.42 and a one year high of $447.50.
The stock has a market cap of $101.85 billion and a PE ratio of 67.02.
The business’s fifty day moving average price is $318.90 and its two-hundred day moving average price is $332.43.
GE Vernova (NYSE:GEV – Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.
45 by $0.46. GE Vernova had a return on equity of 6.
70% and a net margin of 4.44%. The business had revenue of $8.
03 billion for the quarter, compared to analyst estimates of $7.56 billion. During the same quarter last year, the company earned ($0.
47) earnings per share. As a group, equities research analysts predict that GE Vernova will post 6.59 earnings per share for the current fiscal year.
Hedge Funds Weigh In On GE VernovaA number of institutional investors and hedge funds have recently added to or reduced their stakes in GEV. Mather Group LLC. lifted its stake in shares of GE Vernova by 18.
6% in the first quarter. Mather Group LLC. now owns 2,671 shares of the company’s stock worth $815,000 after acquiring an additional 418 shares in the last quarter.
Alta Advisers Ltd raised its position in shares of GE Vernova by 43.4% in the 1st quarter. Alta Advisers Ltd now owns 1,322 shares of the company’s stock valued at $404,000 after purchasing an additional 400 shares in the last quarter.
Smallwood Wealth Investment Management LLC purchased a new position in shares of GE Vernova during the 1st quarter valued at approximately $48,000. CHURCHILL MANAGEMENT Corp boosted its stake in shares of GE Vernova by 96.1% during the 1st quarter.
CHURCHILL MANAGEMENT Corp now owns 46,726 shares of the company’s stock valued at $14,264,000 after buying an additional 22,893 shares during the last quarter. Finally, Koshinski Asset Management Inc. grew its position in shares of GE Vernova by 1.
1% during the first quarter. Koshinski Asset Management Inc. now owns 3,042 shares of the company’s stock worth $929,000 after buying an additional 34 shares in the last quarter.
GE Vernova Company Profile (Get Free Report)GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power.
Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.See AlsoFive stocks we like better than GE VernovaWhat Are Treasury Bonds?Short Sellers Gave Up on These 3 Names RecentlyHow to Buy Cheap Stocks Step by Step3 Boring Stocks Outperforming the Market This YearStock Average Calculator If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy.
