Brokers Issue New Targets On Portland General Electric Company (NYSE:POR)

(NYSE:AEP) stock have an ABR of 2.17.

08/01/2016 - American Electric Power Company, Inc. had its " rating reiterated by analysts at UBS.

In fact, the Most Accurate Estimate for the current quarter is now at 65 cents per share for POR, compared to a broader Zacks Consensus Estimate of 64 cents per share. RBC Capital Markets reissued an outperform rating and issued a $36.00 price target on shares of General Electric in a research report on Tuesday, November 1st. Finally, BlackRock Inc. increased its stake in shares of El Paso Electric Company by 1.7% in the third quarter. The company has Weekly Volatility of 1.05%% and Monthly Volatility of 1.26%%. General Electric has a 12 month low of $27.10 and a 12 month high of $33.00. BP PLC now owns 61,500 shares of the company's stock valued at $3,872,000 after buying an additional 500 shares during the last quarter. Finally, Amalgamated Bank bought a new position in El Paso Electric Company during the second quarter worth $226,000. The stock tumbled -10.51 percent over the last 6 months.

A number of institutional investors have recently modified their holdings of the company. The original version of this report can be viewed at https://www.com-unik.info/2017/02/16/general-electric-company-ge-position-maintained-by-brookfield-asset-management-inc.html. (NYSE:AEP) opened at 63.29 on Thursday.

Each year, Fortune surveys top executives, directors and financial analysts about the companies in their industry based upon nine criteria: financial soundness, use of corporate assets, long-term investment value, quality of management, quality of products and services, people management, innovation, social responsibility, and global competitiveness. The stock's market capitalization is 31.12B. The stock's 50 day moving average is $46.13 and its 200 day moving average is $45.84.

General Electric Company (NYSE:GE) surged 0.23% yesterday to close its trading session at $30.35. Analysts are forecasting earnings of $0.17 on a per share basis this quarter. The firm had revenue of $33.10 billion for the quarter, compared to the consensus estimate of $33.67 billion.

The Company now has ROA (Return on Assets) of 3.2 percent, Return on Equity (ROE) of 10.5 Percent and Return on Investment (ROI) of 7.2% with Gross margin of 53.1 percent and Operating & Profit margin of 14.9% and 7.9% respectively. (NYSE:GIS) for the next year 5 years is 7.11 percent (per annum), as compared to 3.7 percent (per annum) in the past 5 years. The company reported its last quarter on Dec 16. The stock gained a consensus recommendation of 2.17 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 25th. This is a positive change from General Electric's previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Wednesday, February 8th. El Paso Electric Company's payout ratio is 54.63%.

General Electric Company (NYSE:GE) last posted its quarterly earnings data on Friday, January 20th. If you are reading this story on another domain, it was illegally copied and reposted in violation of United States & global trademark & copyright laws. These shares were upgraded to Outperform from Mkt Perform by Bernstein, according to news reported on Friday December 16, 2016.Another important research note was issued by Bernstein on Monday April 04, 2016.The firm downgraded GE to Mkt Perform from Outperform. The analysts noted that the move was a valuation call. Other firms include Guggenheim giving Neutral rating on 9-Jan-17. The 19 stock analysts following this company have an average price target at $34.00, with individual PT in the $28.00-$40.00 range. Bainco International Investors increased its position in shares of General Electric Company by 3.4% in the third quarter.

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