What Are Wall Street Analysts' Target Price for GE Aerospace Stock?

Valued at a market cap of $219.6 billion, GE Aerospace (GE) designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. The Evendale, Ohio-based company also offers aftermarket services to support its products. 

Shares of this aerospace company have significantly outpaced the broader market over the past 52 weeks. GE has rallied 87.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 22.8%. Moreover, on a YTD basis, the stock is up a notable 23.5%, compared to SPX’s just 3.4% rise.