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UBS analysts upgrades a Neutral rating for GE HealthCare Technologies Inc (GEHC)

GE HealthCare Technologies Inc’s recent filing unveils that its Chief Accounting Officer Newcomb George A. unloaded Company’s shares for reported $0.19 million on Feb 18 ’25. In the deal valued at $92.54 per share,2,000 shares were sold. As a result of this transaction, Newcomb George A. now holds 7,462 shares worth roughly $0.52 million.

Then, Rott Roland sold 3,577 shares, generating $309,339 in total proceeds. Upon selling the shares at $86.48, the CEO, Imaging now owns 24,298 shares.

Before that, Roland Rott bought 3,577 shares. GE HealthCare Technologies Inc shares valued at $309,330 were divested by the Officer at a price of $86.48 per share.

UBS upgraded its GE HealthCare Technologies Inc [GEHC] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in mid March from “a Neutral” to “a Buy”. Jefferies also remained covering GEHC and has increased its forecast on January 08, 2025 with a “Buy” recommendation from previously “Hold” rating. UBS revised its rating on September 26, 2024. It rated GEHC as “a Sell” which previously was an “a Neutral”.

Price Performance Review of GEHC

On Friday, GE HealthCare Technologies Inc [NASDAQ:GEHC] saw its stock fall -0.89% to $69.87. Over the last five days, the stock has lost -0.94%. GE HealthCare Technologies Inc shares have fallen nearly -10.63% since the year began. Nevertheless, the stocks have fallen -14.20% over the past one year. While a 52-week high of $94.80 was reached on 02/13/25, a 52-week low of $57.65 was recorded on 04/09/25. SMA at 50 days reached $73.93, while 200 days put it at $82.83.

Levels Of Support And Resistance For GEHC Stock

The 24-hour chart illustrates a support level at 69.17, which if violated will result in even more drops to 68.47. On the upside, there is a resistance level at 71.19. A further resistance level may holdings at 72.51. The Relative Strength Index (RSI) on the 14-day chart is 51.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.70, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.04%. Stochastics %K at 76.83% indicates the stock is a holding.

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