General Cable - BGC Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $10.00
  • Forecasted Upside: 2.88%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$9.72
▲ +0.17 (1.78%)
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Analyst Price Target for BGC

Analyst Price Target is $10.00
▲ +2.88% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for General Cable in the last 3 months. The average price target is $10.00, with a high forecast of $10.00 and a low forecast of $10.00. The average price target represents a 2.88% upside from the last price of $9.72.

This chart shows the closing price for BGC for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Buy

The current consensus among 1 polled investment analysts is to buy stock in General Cable. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/23/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/1/2024Piper SandlerReiterated RatingOverweight ➝ Overweight$10.00 ➝ $10.00N/A
5/6/2024Piper SandlerBoost TargetOverweight ➝ Overweight$9.00 ➝ $10.00N/A
4/12/2024Piper SandlerBoost TargetOverweight ➝ Overweight$8.50 ➝ $9.00N/A
2/15/2024Piper SandlerBoost TargetOverweight ➝ Overweight$8.00 ➝ $8.50N/A
10/31/2023Piper SandlerBoost TargetOverweight ➝ Overweight$7.50 ➝ $8.00N/A
8/3/2023Piper SandlerBoost TargetOverweight ➝ Overweight$7.00 ➝ $7.50N/A
7/5/2023Piper SandlerLower Target$8.50 ➝ $7.00N/A
(Data available from 7/23/2019 forward)

News Sentiment Rating

0.00 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/26/2023
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/25/2024
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/24/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/25/2024
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/24/2024
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/24/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/23/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/23/2024

Current Sentiment

  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Very Positive

  • No very positive mentions tracked during this time.
General Cable logo
General Cable Corporation develops, designs, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products for the energy, industrial, construction, specialty, and communications markets. It offers electric utility products, including low- and medium-voltage distribution cables; high- and extra-high voltage power transmission cables; bare overhead conductors; and submarine transmission and distribution cables. The company also provides electrical infrastructure products, such as rubber-and plastic-jacketed wires and cables, low- and medium-voltage industrial power cables, and cable wire harnesses, as well as rail and mass transit, shipboard, oil and gas, armored mining, and alternative energy power generation cables. In addition, it offers communications products comprising high-bandwidth twisted copper and fiber optic, multi conductor and pair fiber and copper networking, telecommunications exchange, coaxial, and low detection profile cables, as well as fiber-optic submarine cable systems, submarine networks, and offshore integration systems. Further, the company provides construction products consisting of construction cables, flexible cords, halogen-free, low-smoke, and flame retardant cables, as well as rod mill products, including copper and aluminum rods. Additionally, it offers design, integration, and installation services for products, such as high and extra-high voltage terrestrial and submarine systems. The company sells its products directly to utilities, independent distributors, retailers, contractors, and original equipment manufacturers in North America, Europe, Latin America, and Africa/the Asia Pacific. General Cable Corporation was founded in 1992 and is headquartered in Highland Heights, Kentucky.
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Today's Range

Now: $9.72
Low: $9.50
High: $9.73

50 Day Range

MA: $30.00
Low: $30.00
High: $30.00

52 Week Range

Now: $9.72
Low: $14.95
High: $30.17

Volume

1,996,821 shs

Average Volume

3,075,597 shs

Market Capitalization

$4.80 billion

P/E Ratio

138.86

Dividend Yield

0.52%

Beta

1.51

Frequently Asked Questions

What sell-side analysts currently cover shares of General Cable?

The following Wall Street research analysts have issued stock ratings on General Cable in the last twelve months: Piper Sandler.
View the latest analyst ratings for BGC.

What is the current price target for General Cable?

1 Wall Street analysts have set twelve-month price targets for General Cable in the last year. Their average twelve-month price target is $10.00, suggesting a possible upside of 2.9%. Piper Sandler has the highest price target set, predicting BGC will reach $10.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $10.00 for General Cable in the next year.
View the latest price targets for BGC.

What is the current consensus analyst rating for General Cable?

General Cable currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe BGC will outperform the market and that investors should add to their positions of General Cable.
View the latest ratings for BGC.

What other companies compete with General Cable?

How do I contact General Cable's investor relations team?

General Cable's physical mailing address is 4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY, 41076. The industrial products company's listed phone number is 859-572-8000 and its investor relations email address is [email protected]. The official website for General Cable is www.generalcable.com. Learn More about contacing General Cable investor relations.