Loading, Please wait ...
General Electric Company
GE.NISIN: US3696041033SEDOL: 2380498 |
Rating: BUY |
Target Price: 18.82 USD |
Investment Horizon: 6 to 12 months |
3Q 09 Update Report
The Industrial business is expected to improve going forward as the global economic environment recovers gradually. In January 2010, GE has entered into a contract with State Grid Corporation of China to deploy smart grid technologies for the entire Yangzhou city. China intends to modernise the power infrastructure in the country and given that GE is selected to upgrade the transmission, distribution and consumption processes in Yangzhou city, we expect the company…
2Q 09 Earnings Update
GE's 2Q 09 financial performance, although impacted by recessionary conditions, was not something unexpected. Following the anticipated decline in full year revenues of the Industrial segment in FY 2009, we expect stability and positive revenue growth in FY 2010, as overall markets recover. Amidst muted revenues during 2Q 09, the Energy and the Aviation sub-segments performed well and supported overall earnings and cash flows. Going forward, the company…
Initiation Report
With its strong and highly diversified business portfolio, both in terms of product and regional diversity, General Electric Company (GE) is well positioned to sustain the current economic weakness by offsetting the risks the company is currently expereince at GE Capital Services (GECS), the company's financial service business....
Subscribe to Alerts
Sign up for a free account to receive email alerts for this stockMore Information
Request a redistribution license
Access to short term actionable trading strategies
(available only with Global Research subscription)
Access to financial models
(available only with Global Research subscription)
