General Electric Gets a Hold Rating from Tigress Financial

By Austin Angelo

In a report released today, Ivan Feinseth from Tigress Financial reiterated a Hold rating on General Electric (NYSE: GE). The company’s shares opened today at $17.35, close to its 52-week low of $17.25.

According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 16.7% and a 70.2% success rate. Feinseth covers the Services sector, focusing on stocks such as Korn/Ferry International, Norwegian Cruise Line, and Brinker International.

General Electric has an analyst consensus of Hold, with a price target consensus of $21.50.

General Electric’s market cap is currently $150.7B and has a P/E ratio of 21.48. The company has a book value ratio of 1.9806.

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