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.

.

See today’s analyst top recommended stocks >>

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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on GE:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts