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General Electric (GE) Receives a Hold from Merrill Lynch


In a report released today, Andrew Obin from Merrill Lynch maintained a Hold rating on General Electric (NYSE: GE), with a price target of $14. The company’s shares closed yesterday at $12.48, close to its 52-week low of $11.21.

According to TipRanks.com, Obin is ranked #1480 out of 4884 analysts.

General Electric has an analyst consensus of Hold, with a price target consensus of $15.21, representing a 21.9% upside. In a report issued on September 28, Deutsche Bank also maintained a Hold rating on the stock with a $13 price target.

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The company has a one-year high of $24.57 and a one-year low of $11.21. Currently, General Electric has an average volume of 63.53M.

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