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G

Genpact

$32.30

0.35 (1.10%)

, GE

General Electric

$14.82

-0.12 (-0.80%)

08:38
02/13/18
02/13
08:38
02/13/18
08:38

Genpact price target raised to $35 from $32 at BMO Capital

BMO Capital analyst Keith Bachman raised his price target on Genpact (G) to $35, saying the company's revenue growth trajectory is improving thanks to the "strong demand environment, solid execution, and lower revenue mix impact from General Electric (GE)". The analyst contends that revenue growth rates can accelerate further if Global Clients can grow 10% per year and GE stabilizes. Bachman keeps his Market Perform rating on Genpact, noting that the stock price gains are limited because operating and free cash flow margins will not improve "meaningfully".

G

Genpact

$32.30

0.35 (1.10%)

GE

General Electric

$14.82

-0.12 (-0.80%)

G Genpact
$32.30

0.35 (1.10%)

08/03/17
WEDB
08/03/17
INITIATION
Target $33
WEDB
Neutral
Genpact initiated with a Neutral at Wedbush
Wedbush analyst Moshe Katri initiated Genpact with a Neutral and a $33 price target.
09/25/17
BARD
09/25/17
NO CHANGE
Target $34
BARD
Outperform
Genpact could be $40 stock by late 2018, says Baird
Baird analyst David Koning views Genpact as a very good idea in a market where good ideas are difficult to find. The analyst sees the shares as compelling despite headwinds in foreign exchange. He said its valuation is below peers and the company is showing core growth stability. Koning said it is possible the stock could reach $40 by the end of 2018. Koning reiterated his Outperform rating and $34 price target on Genpact.
11/08/17
CANT
11/08/17
NO CHANGE
Target $36
CANT
Overweight
Genpact price target raised to $36 from $32 at Cantor Fitzgerald
Cantor Fitzgerald analyst Joseph Foresi raised his price target for Genpact Limited to $36 following the company's Q3 results and reiterates an Overweight rating on the shares.
11/15/17
BARD
11/15/17
NO CHANGE
Target $38
BARD
Outperform
Genpact may be weak after Bain share sale, but downside risk limited, says Baird
Baird analyst David Koning noted the secondary offering of Genpact was Bain Capital selling shares, but said they will still retain a 25% stake in the company. The analyst believes the shares will be weak following the offering, but views the risk/reward as very good with downside risk limited. Koning reiterated his Outperform rating and $38 price target on Genpact shares.
GE General Electric
$14.82

-0.12 (-0.80%)

01/29/18
DBAB
01/29/18
NO CHANGE
Target $15
DBAB
Sell
SEC investigation 'significantly elevates' GE's risks, says Deutsche Bank
The SEC investigation disclosed on January 24 by General Electric "significantly elevates" the company's risks, Deutsche Bank analyst John Inch tells investors in a research note. GE is being investigated for both its revenue recognition and controls for long-term service agreements as well as the process that led to its insurance reserve increase and Q4 insurance reserve charge, Inch points out. The analyst believes the scope of the Enforcement Division's investigation "could readily broaden to other areas." General Electric was not obligated to disclose the investigation but likely did so having estimated that its potential impact might be significant, Inch writes, citing his understanding of the company's position. As such, the analyst thinks GE's verbal disclosure of the investigation "could portend an extensive review that might last for an extended period." Inch points out that long-term service agreements drove $2.2B of GE's net income in 2016, equating to 24c of earnings per share or 16% of its total adjust earnings for the year. The analyst has a Sell rating on GE with a $15 price target. The stock closed Friday down 5c to $16.13.
01/31/18
DBAB
01/31/18
NO CHANGE
Target $15
DBAB
Sell
GE likely to be dropped from Dow 30 index, says Deutsche Bank
General Electric (GE) is likely to be dropped from the Dow Jones Industrial Average after being in the index of 30 companies for over 110 years as an original member since 1896, Deutsche Bank analyst John Inch tells investors in a research note. The chances that GE could be removed from the Dow are increasing as the company continues to face "substantial challenges," the analyst writes. These include "earnings and cash pressure, tough global power generation markets, aggressive downsizing, shrinking its portfolio, management shake-up and SEC investigations," Inch argues. He sees "headline risk" as the most significant risk factor if GE were to be dropped from the Dow, "potentially amplified by GE's high mix of retail investors." Inch notes that the last major Dow shakeup occurred in September 2003, when American Airlines (AAL), Bank of America (BAC) and Hewlett Packard (HPQ) were removed and Goldman Sachs (GS), Nike (NKE) and Verizon (VZ) were added. Inch has a Sell rating on General Electric with a $15 price target. The shares closed yesterday down 33c to $15.95.
02/08/18
DBAB
02/08/18
NO CHANGE
Target $13
DBAB
Sell
Deutsche Bank cuts General Electric price target of $13 from $15
Deutsche Bank analyst John Inch cut his price target for General Electric shares to $13 from $15 after introducing a 2020 earnings per share estimate of 90c, which represents a year-over-year decline of 16%. The stock closed yesterday down 2c to $15.25. The analyst's model assumes GE divests its IS, Rail, Lighting and Baker Hughes businesses by 2020. The 90c estimate could prove too high if the SEC investigation required GE to reduce contract asset earnings, Aviation/Healthcare were to incur operational hiccups and/or if GE were to make additional divestitures, Inch tells investors in a research note. His sum-of-the-parts analysis yields a $12 per share value for General Electric. The analyst keeps a Sell rating on the shares.
02/12/18
JPMS
02/12/18
NO CHANGE
Target $14
JPMS
Underweight
JPMorgan cuts GE price target to $14, sees potential downside to $10-$11
JPMorgan analyst C. Stephen Tusa lowered his price target for shares of General Electric to $14 from $16 while maintaining an Underweight rating on the name. The stock closed Friday up 47c to $14.94. The company's fundamentals remain "challenged/mixed," and are showing "few signs of a snap back," Tusa tells investors in a research note. GE's portfolio is still low growth, with weak free cash flow and too much leverage, raising a question around whether an equity raise is possible, Tusa writes. The analyst does not think the company needs to raise capital as of yet, but adds "it would certainly help to de-risk from any capital markets volatility, and provide an accelerated pathway to greater optionality." Tusa argues that the value that is left over for equity holders is below where the stock currently trades. His sum-of-the-parts value for GE is $13, with downside to $10-$11 per share "depending on the outcome of certain liabilities that are tough to call but have historically been money bad."

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VIX

Volatility Index S&P 500 Options

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SEMG

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IRIX

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GBL

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SCBFF

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NOAH

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TWX

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GBL

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