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BofA Merrill upgraded General Electric (NYSE:GE) from Neutral to Buy in a report released today.

Just yesterday General Electric (NYSE:GE) traded -4.31% lower at $23.83. General Electric’s 50-day moving average is $24.11 and its 200-day moving average is $26.55. The last closing price is down -14.11% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 46,771,972 shares of GE traded hands, up from an avg. volume of 45,838,300

BofA Merrill has upgraded General Electric (NYSE:GE) from Neutral to Buy in a report released on 10/23/2017.

Previously on 10/11/2017, JP Morgan reported on General Electric (NYSE:GE) reduced the target price from $22.00 to $20.00. At the time, this indicated a possible downside of -0.13%.

Recent Performance Chart

General Electric (NYSE:GE)

General Electric has 52 week low of $22.10 and a 52 week high of $32.38 with a P/E ratio of 27.78 and has a market cap of $0.

Also covering General Electric's price target, a total of 14 brokerages have released a report on General Electric. The 12-month target price is $32.79 with 6 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 7 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About General Electric (NYSE:GE)

General Electric Company is a global digital industrial company. The Company's products and services range from aircraft engines, power generation, and oil and gas production equipment to medical imaging, financing and industrial products. Its segments include Power, which includes products and services related to energy production; Renewable Energy, which offers renewable power sources; Oil & Gas, including liquefied natural gas and pipelines; Aviation, which includes commercial and military aircraft engines, and integrated digital components, among others; Healthcare, which provides healthcare technologies in medical imaging, digital solutions, patient monitoring and diagnostics, and drug discovery, among others; Transportation, which is a supplier to the railroad, mining, marine, stationary power and drilling industries; Energy Connections & Lighting, which includes Energy Connections and Lighting businesses, and Capital, which is a financial services division.

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