Is Wall Street Bullish or Bearish on GE HealthCare Technologies Stock?

Valued at a market cap of $28.9 billion, GE HealthCare Technologies Inc. (GEHC) is a Chicago, Illinois-based company that develops, manufactures, and markets products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients. 

This healthcare company has notably underperformed the broader market over the past 52 weeks. Shares of GEHC have declined 11.7% over this time frame, while the broader S&P 500 Index ($SPX) has soared 31%. Moreover, on a YTD basis, the stock is down 24.8%, compared to SPX’s 8.3% rise.