Analyst: Energy Profits Could Help Boost General Electric Shares (GE)


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Credit Suisse ( CS ) is out with a bullish note on shares of General Electric ( GE ) this morning.

The analysts at the firm see energy profits as a boost to the company's bottom line, and is raising estimates on the shares this morning. The company is also issuing a $22 price target for the company.

The Bottom Line
Shares of General Electric ( GE ) have a 4.14% dividend yield, based on last night's closing stock price of $16.42. We recently began recommending shares of the company, when the stock was trading at $16.80.

General Electric ( GE ) is a "Recommended" stock at this time, holding a DARS™ Rating of 3.5 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Stocks

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