Portland General Electric Company (NYSE:POR) Reports Dividend Payout

Analyst revisions of estimates leading up to a quarterly earnings release are also important indicators of how they well they think the company will perform heading into the announcement. Vetr cut shares of General Electric from a “buy” rating to a “hold” rating and set a $30.93 target price for the company.in a report on Tuesday, June 14th. The Company also sells cars and trucks to fleet customers including daily rental vehicle companies commercial fleet customers leasing companies and governments. The last close places the company’s stock about $3.17 off its 52 week high of $15.84 and $1.65 above the 52 week low of $11.02. (NYSE:PANW) have a consensus near term price target of $184.

A number of equities research analysts have recently issued reports on GE shares. The company had revenue of $42400.00 million for the quarter, compared to analysts expectations of $37319.22 million.

US stocks closed higher on Friday, as investors believed a rate hike by the Federal Reserve is not likely, at least in the near term, based on a disappointing jobs report.

General Electric Company had its “outperform” rating reiterated by analysts at William Blair. (NASDAQ:AAPL) is $124.11 while analysts mean recommendation is 1.80. The company now has a consensus rating of “Hold” and an average target price of $32.60.

Ford Motor Co.’s (F) has traded at distance of 0.19% from its 50-day simple moving average and moved at distance of -0.16% from its 200-day simple moving average while exchanged at distance of 2.40% from its 20-day simple moving average. The shares were acquired at an average cost of $31.45 per share, for a total transaction of $1,572,500.00. In the past 52 weeks, the equity’s price traded between $10.78 and $ 14.84. General Electric Company (NYSE:GE) has a market capitalization of $ 261.57B and most recently 8.96B outstanding shares have been calculated. After the day began at $12.50, the company was seen hitting $12.75 as its intraday high price and $12.50 as its bottom price. There are 12 covering research analysts that have issued an anticipated price level where they predict the stock will reach within the next year.

Ford Motor Company (NYSE:F) shares moved to $12.50 after starting the day at $12.53 on Friday.

The price/earnings ratio (P/E) is 4.11 and the forward P/E ratio stands at 5.57. Over the past five trading sessions it is 1.6%; 3.94% for the month; -4.27% for the last quarter; -2.11% for the past six-months; and -0.27% for the last 12 months. Taking notice in average true range, it was 0.58.

Other Hedge Funds, Including, Qs Investors boosted its stake in GM in the latest quarter, The investment management firm added 186,331 additional shares and now holds a total of 210,229 shares of General Motors Company which is valued at $6,636,930.

Shareholders of Portland General Electric Company (NYSE:POR) will have to hold its stock till the ex-dividend date to be eligible for dividend.

General Electric Company had its “equal weight” rating reiterated by analysts at Morgan Stanley.

In an overview of the current analyst recommendations, Buy count is 8 and Overweight is 1 while the number of analysts recommending Sell and Underweight are 0 and 0, respectively. The company has an Average Rating of 2.76 based on Thomson Reuters I/B/E/S scale of 1-5.