GE Aerospace: Citigroup maintains Buy, PT raised to $309 from $296.

GE Aerospace: Citigroup maintains Buy, PT raised to $309 from $296.

Citigroup has increased its price target for GE Aerospace (GE) to $309 from the previous $296, maintaining a Buy rating on the shares. This adjustment follows a notable performance in the second quarter where the company surpassed expectations and adjusted its 2025 projections upwards based on favorable order trends. The firm anticipates further strong results for GE Aerospace in the future [2].

The average one-year price target for GE Aerospace, as offered by 15 analysts, is $262.81, with a high estimate of $300.00 and a low estimate of $196.11. This average target implies an upside of 0.97% from the current price of $260.28 [2].

According to the consensus recommendation from 20 brokerage firms, GE Aerospace's average brokerage recommendation is currently 1.9, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies a Strong Buy, and 5 denotes a Sell [2].

GuruFocus estimates the estimated GF Value for GE Aerospace in one year to be $147.69, suggesting a downside of 43.26% from the current price of $260.28. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at, calculated based on historical multiples the stock has traded at previously, as well as past business growth and future estimates of the business [2].

References:
[1] https://www.wallstreetzen.com/stocks/us/nyse/ge/stock-forecast
[2] https://www.gurufocus.com/news/2987168/citi-boosts-price-target-for-ge-aerospace-ge-following-strong-performance-ge-stock-news