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

Analysts at BNP Paribas assumed coverage on shares of GE Vernova (NYSE:GEV) in a note issued to investors on Wednesday, Marketbeat reports. The brokerage set an “outperform” rating and a $177.00 price target on the stock. BNP Paribas’ price objective points to a potential upside of 28.99% from the company’s current price.

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

GE Vernova Trading Up 1.8 %

Shares of GEV stock opened at $137.22 on Wednesday. GE Vernova has a 52-week low of $115.00 and a 52-week high of $152.48.

Hedge Funds Weigh In On GE Vernova

A hedge fund recently bought a new stake in GE Vernova stock. Anderson Hoagland & Co. bought a new stake in GE Vernova Inc. (NYSE:GEV) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 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.