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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: General Electric (GE) and JetBlue Airways (JBLU)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on General Electric (GEResearch Report) and JetBlue Airways (JBLUResearch Report).

General Electric (GE)

Wells Fargo analyst Matthew Akers maintained a Buy rating on General Electric today and set a price target of $200.00. The company’s shares closed last Tuesday at $173.55, close to its 52-week high of $177.50.

According to TipRanks.com, Akers is a 5-star analyst with an average return of 21.6% and a 85.1% success rate. Akers covers the Industrial Goods sector, focusing on stocks such as Virgin Galactic Holdings, L3Harris Technologies, and Raytheon Technologies.

General Electric has an analyst consensus of Strong Buy, with a price target consensus of $176.71, which is a 1.9% upside from current levels. In a report issued on March 15, Jefferies also maintained a Buy rating on the stock with a $195.00 price target.

See the top stocks recommended by analysts >>

JetBlue Airways (JBLU)

Barclays analyst Brandon Oglenski initiated coverage with a Sell rating on JetBlue Airways today and set a price target of $6.00. The company’s shares closed last Tuesday at $7.33.

According to TipRanks.com, Oglenski is a 5-star analyst with an average return of 7.2% and a 53.5% success rate. Oglenski covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, Canadian National Railway, and Expeditors International.

JetBlue Airways has an analyst consensus of Hold, with a price target consensus of $5.94, representing a -20.1% downside. In a report issued on March 19, UBS also initiated coverage with a Sell rating on the stock with a $5.00 price target.

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