Baker Hughes (BHI) Set to Announce Quarterly Earnings on Tuesday
Baker Hughes (NYSE:BHI) will post its quarterly earnings results on Tuesday, January 21st. Individual interested in registering for the company’s earnings conference call can do so using this link.
Shares of Baker Hughes (NYSE:BHI) opened at 54.14 on Monday. Baker Hughes has a one year low of $42.60 and a one year high of $58.83. The stock has a 50-day moving average of $53.78 and a 200-day moving average of $51.67. The company has a market cap of $23.996 billion and a P/E ratio of 22.47.
Several analysts have recently commented on the stock. Analysts at Socgen reiterated a “buy” rating on shares of Baker Hughes in a research note to investors on Thursday. They now have a $61.00 price target on the stock, down previously from $65.00. On a related note, analysts at Jefferies Group cut their price target on shares of Baker Hughes to $60.00 in a research note to investors on Wednesday, January 15th. Finally, analysts at Credit Suisse cut their price target on shares of Baker Hughes from $64.00 to $62.00 in a research note to investors on Tuesday, January 14th. Fifteen analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $60.74.
Baker Hughes Incorporated (NYSE:BHI) is engaged in the oilfield services industry.
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