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

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

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

GE Vernova Trading Down 1.5 %

Shares of GEV opened at $135.10 on Wednesday. GE Vernova has a 12 month low of $115.00 and a 12 month high of $152.48.

Institutional Trading of GE Vernova

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

About GE Vernova

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.