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Analysts Offer Insights on Industrial Goods Companies: JetBlue Airways (JBLU) and GE Aerospace (GE)

Tipranks - Tipranks - Wed Jul 29, 3:02PM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on JetBlue Airways (JBLU) and GE Aerospace (GE).

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JetBlue Airways (JBLU)

In a report released today, Ravi Shanker from Morgan Stanley maintained a Hold rating on JetBlue Airways, with a price target of $8.00. The company’s shares closed last Tuesday at $5.99.

According to TipRanks.com, Shanker is a 3-star analyst with an average return of 0.9% and a 49.6% success rate. Shanker covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, United Airlines Holdings, and Allegiant Travel Company. ;'>

Currently, the analyst consensus on JetBlue Airways is a Moderate Sell with an average price target of $5.78, a 2.8% upside from current levels. In a report issued on July 13, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $6.00 price target.

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GE Aerospace (GE)

In a report released today, Ronald Epstein from Bank of America Securities maintained a Buy rating on GE Aerospace. The company’s shares closed last Tuesday at $363.70.

According to TipRanks.com, Epstein is a 5-star analyst with an average return of 21.9% and a 67.0% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as Howmet Aerospace, Northrop Grumman, and General Dynamics. ;'>

Currently, the analyst consensus on GE Aerospace is a Strong Buy with an average price target of $413.92, representing a 13.5% upside. In a report issued on July 13, TD Cowen also maintained a Buy rating on the stock with a $380.00 price target.

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