Key Research Analysts at Deutsche Bank Kept the Same their ‘”Sell”’ rating for General Electric (NYSE:GE) Shares Today. Their Target Given is $18.0

January 19, 2018 - By Jacob Falcon

 Key Research Analysts at Deutsche Bank Kept the Same their ‘

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It is negative, as 112 investors sold General Electric Company shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported.

Choate Inv Advsr owns 395,391 shares for 0.52% of their portfolio. Gillespie Robinson And Grimm Inc reported 0.12% of its portfolio in General Electric Company (NYSE:GE). Woodley Farra Manion Portfolio Mgmt Incorporated accumulated 157,554 shares or 0.44% of the stock. Chatham Cap Incorporated holds 0.24% or 35,444 shares in its portfolio. 10,752 were accumulated by Barr E S And. 74,513 were reported by Tokio Marine Asset Management Limited. Cibc World Mkts reported 1.51 million shares or 0.35% of all its holdings. Hap Trading Ltd holds 11,036 shares. Ingalls And Snyder Llc invested in 1.19 million shares. Moreover, Ubs Oconnor Ltd Llc has 0.11% invested in General Electric Company (NYSE:GE). Dynamic Advisors Solutions Limited Company stated it has 1.59% of its portfolio in General Electric Company (NYSE:GE). D E Shaw & Inc has 0.02% invested in General Electric Company (NYSE:GE) for 504,723 shares. Bsw Wealth has 31,092 shares for 0.33% of their portfolio. 69,025 are owned by Amg Funds Ltd Liability. Nadler Grp Inc Inc Inc reported 28,798 shares.

Since August 8, 2017, it had 2 insider buys, and 1 sale for $4.48 million activity. Flannery John Leonard bought $2.66 million worth of stock. 100,000 shares were bought by TISCH JAMES S, worth $2.46 million.

General Electric (NYSE:GE) Rating Reaffirmed

They currently have a $18.0 target price on General Electric (NYSE:GE). The target price by Deutsche Bank would suggest a potential upside of 9.96 % from the company’s previous stock close. This has been released in analysts note on Monday morning.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It is negative, as 112 investors sold General Electric Company shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported.

Choate Inv Advsr owns 395,391 shares for 0.52% of their portfolio. Gillespie Robinson And Grimm Inc reported 0.12% of its portfolio in General Electric Company (NYSE:GE). Woodley Farra Manion Portfolio Mgmt Incorporated accumulated 157,554 shares or 0.44% of the stock. Chatham Cap Incorporated holds 0.24% or 35,444 shares in its portfolio. 10,752 were accumulated by Barr E S And. 74,513 were reported by Tokio Marine Asset Management Limited. Cibc World Mkts reported 1.51 million shares or 0.35% of all its holdings. Hap Trading Ltd holds 11,036 shares. Ingalls And Snyder Llc invested in 1.19 million shares. Moreover, Ubs Oconnor Ltd Llc has 0.11% invested in General Electric Company (NYSE:GE). Dynamic Advisors Solutions Limited Company stated it has 1.59% of its portfolio in General Electric Company (NYSE:GE). D E Shaw & Inc has 0.02% invested in General Electric Company (NYSE:GE) for 504,723 shares. Bsw Wealth has 31,092 shares for 0.33% of their portfolio. 69,025 are owned by Amg Funds Ltd Liability. Nadler Grp Inc Inc Inc reported 28,798 shares.

Since August 8, 2017, it had 2 insider buys, and 1 sale for $4.48 million activity. Flannery John Leonard bought $2.66 million worth of stock. 100,000 shares were bought by TISCH JAMES S, worth $2.46 million.

General Electric Company (NYSE:GE) Ratings Coverage

Among 27 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 12 Hold. Therefore 37% are positive. General Electric Company has $67 highest and $15.0 lowest target. $27.99’s average target is 71.04% above currents $16.365 stock price. General Electric Company had 82 analyst reports since July 21, 2015 according to SRatingsIntel. Langenberg upgraded the stock to “Buy” rating in Monday, November 13 report. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Wednesday, April 12 by Credit Suisse. The rating was initiated by Standpoint Research on Friday, July 22 with “Sell”. The rating was downgraded by Morgan Stanley to “Underweight” on Monday, October 23. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Monday, October 23 by Citigroup. As per Monday, October 2, the company rating was maintained by Morgan Stanley. The firm has “Hold” rating given on Thursday, January 4 by Tigress Financial. TheStreet upgraded General Electric Company (NYSE:GE) on Tuesday, July 21 to “Buy” rating. As per Tuesday, July 25, the company rating was maintained by Morgan Stanley. The firm earned “Buy” rating on Thursday, January 21 by Citigroup.

The stock decreased 2.42% or $0.405 during the last trading session, reaching $16.365. About 125.75 million shares traded or 41.71% up from the average. General Electric Company (NYSE:GE) has declined 4.46% since January 19, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

General Electric Company operates as an infrastructure and technology firm worldwide. The company has market cap of $141.92 billion. The Company’s Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. It has a 20.2 P/E ratio. The companyÂ’s Renewable Energy segment provides wind turbine platforms, and hardware and software; onshore and offshore wind turbines; and solutions, products, and services to hydropower industry.

More notable recent General Electric Company (NYSE:GE) news were published by: Usnews.com which released: “It’s Time to Break Up General Electric” on January 16, 2018, also Seekingalpha.com with their article: “Why General Electric Is Still A Work In Progress” published on January 14, 2018, Cnbc.com published: “GE shares crater as breakup won’t be a magic bullet for investors” on January 17, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Cnbc.com and their article: “Beware the ‘black hole’ that is GE, market watcher warns” published on January 18, 2018 as well as Seekingalpha.com‘s news article titled: “Off The Charts: Investing/Trading General Electric As Of 01/17/2018” with publication date: January 19, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.