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GE Aerospace (GE) currently has an average brokerage recommendation (ABR) of 1.38, suggesting a rating between Strong Buy and Buy. This ABR is based on recommendations from 21 brokerage firms, with 16 classified as Strong Buy and 2 as Buy, collectively accounting for 76.2% and 9.5% of all recommendations, respectively.
Despite the positive recommendations, the Zacks Rank for GE is #3 (Hold), with an unchanged consensus earnings estimate of $5.87 for the current year. This indicates that while brokerage firms show a strong inclination towards buying, analysts’ steady views suggest that the stock may perform in line with the broader market, warranting caution for potential investors.
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