ANALYST: Bank of America comments on news that GE may leave the Commercial Leasing and Lending Segment

Bank of America Merrill Lynch issued a report on General Electric Company

after news was released that the company may exit the Commercial Leasing and Lending(CLL) Segment. Currently Bank of America Merrill Lynch rates General Electric as a Buy with a $31 price target. Andrew Obin, an analyst at Bank of America Merrill Lynch wrote, "We expect the debate over GECC future to get more of investors' attention over the coming year with the closure of the Alstom acquisition and the full exit of Synchrony, which will highlight over-capitalized balance sheet at GE Capital...there is up to $25bn of excess capital, which could get more of investors' attention with rising debate of GECC future." Industry experts believe that regulatory oversight under the SIFI designation is the primary catalyst for the potential exit. The exit of the Commercial leasing and lending segment would effectively make the company a pure Industrial name and could focus industrial investors on the company's potential value. General Electric Company is currently trading at $25.18, down 0.87 percent.