Stock Rating Downgrade
The Value Trend Rating for General Electric Co (NYSE: GE) weakened of late from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
General Electric Co (NYSE: GE) stock closed at $171.69 on 1/10/25 after a slight decline of -0.7%. NORMAL trading volume accompanied the decline. The stock has risen 2.9% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
General Electric has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. General Electric has a very low Appreciation Score of 11 but a good Power Rating of 75, resulting in the Negative Value Trend Rating.
Be the first to comment