Are Wall Street Analysts Bullish on GE Aerospace Stock?

With a market cap of $228.7 billion, GE Aerospace (GE) designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. Headquartered in Evendale, Ohio, the company operates through Commercial Engines and Services and Defense and Propulsion Technologies segments. 

Shares of GE have outperformed the broader market over the past 52 weeks. GE has jumped 27% over this time frame, while the broader S&P 500 Index ($SPX) has gained 9.2%. Moreover, shares of GE are up 28.6% on a YTD basis, compared to SPX’s 3.7% dip.