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General Electric: Analysts’ Views before Its Q2 2018 Earnings

Samuel Prince
General Electric: Analysts’ Views before Its Q2 2018 Earnings

In this part, we’ll discuss analysts’ recommendations for General Electric (GE) and its peers. After the company update on June 26, analysts’ overall pessimistic approach towards General Electric decreased. Out of 17 analysts covering General Electric stock, four analysts (23.5%) recommended a “strong buy,” one analyst (5.9%) recommended a “buy,” ten analysts (58.8%) recommended a “hold,” one analyst recommended a “sell,” and one analyst recommended a “strong sell.”