Is GE Aerospace Going to $200 and Beyond? 1 Wall Street Analyst Thinks So.
GE(GE) The Motley Fool·2024-09-12 21:35The aerospace giant continues to impress as the most reliable operator in the industry.Bernstein began covering GE Aerospace (GE 0.19%), and its analyst slapped a $201 price target on the stock alongside an outperform rating. For context, the target represents a 20% upside from the stock's current price.Bernstein's price targetBased on the Wall Street consensus for $4.25 in earnings per share in 2024, hitting the price target would put GE Aerospace on a price-to-earnings multiple of slightly more than 47 ti ...