GE Vernova (NYSE:GEV) Research Coverage Started at BNP Paribas

BNP Paribas started coverage on shares of GE Vernova (NYSE:GEV) in a research report released on Wednesday, Marketbeat.com reports. The brokerage issued an outperform rating and a $177.00 price objective on the stock.

A number of other research analysts have also weighed in on GEV. JPMorgan Chase & Co. raised shares of GE Vernova from a neutral rating to an overweight rating and set a $141.00 price target on the stock in a research note on Monday, April 8th. The Goldman Sachs Group assumed coverage on shares of GE Vernova in a research note on Tuesday. They issued a buy rating and a $154.00 price target on the stock. Mizuho assumed coverage on shares of GE Vernova in a research note on Monday, April 15th. They issued a buy rating and a $154.00 price target on the stock. Royal Bank of Canada reaffirmed an outperform rating and issued a $160.00 price target on shares of GE Vernova in a research note on Friday, April 12th. Finally, Raymond James assumed coverage on shares of GE Vernova in a research note on Wednesday. They issued an outperform rating and a $160.00 price target on the stock. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of Buy and a consensus target price of $160.00.

GE Vernova Stock Performance

GE Vernova stock opened at $135.10 on Wednesday. GE Vernova has a fifty-two week low of $115.00 and a fifty-two week high of $152.48.

Institutional Trading of GE Vernova

An institutional investor recently bought a new position in GE Vernova stock. Anderson Hoagland & Co. acquired a new position in GE Vernova Inc. (NYSE:GEV) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,428 shares of the company’s stock, valued at approximately $1,720,000.

GE Vernova Company Profile

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.