Why General Electric Company Should Sell Its Healthcare Business
General Electric Company (NYSE: GE) CEO John Flannery has a job to do if he wants to restore investors' confidence in the blue chip industrial stock in 2017. Previous CEO Jeff Immelt's last earnings call saw management lower earnings and cash flow expectations to the low end of guidance ranges, and Flannery needs to start his tenure by setting a positive tone.
One way he could do so is by selling or spinning off GE Healthcare. Here's why.
Source: Fool.com
General Electric Co. Stock
€147.50
-0.340%
With 35 Buy predictions and not a single Sell prediction General Electric Co. is an absolute favorite of our community.
With a target price of 162 € there is a slightly positive potential of 9.83% for General Electric Co. compared to the current price of 147.5 €.