Baker Hughes, a GE company Class A (NASDAQ: BHGE) recently received a number of ratings updates from brokerages and research firms:

  • 10/10/2017 – Baker Hughes, a GE company Class A is now covered by analysts at Deutsche Bank AG. They set a “hold” rating and a $35.00 price target on the stock.
  • 10/7/2017 – Baker Hughes, a GE company Class A was given a new $44.00 price target on by analysts at Royal Bank Of Canada. They now have a “buy” rating on the stock.
  • 10/2/2017 – Baker Hughes, a GE company Class A was downgraded by analysts at UBS AG from a “positive” rating to a “neutral” rating.
  • 10/2/2017 – Baker Hughes, a GE company Class A had its “neutral” rating reaffirmed by analysts at Susquehanna Bancshares Inc. They now have a $38.00 price target on the stock, down previously from $42.00.
  • 9/29/2017 – Baker Hughes, a GE company Class A was given a new $43.00 price target on by analysts at Barclays PLC. They now have an “overweight” rating on the stock.
  • 9/25/2017 – Baker Hughes, a GE company Class A is now covered by analysts at Bank of America Corporation. They set an “underperform” rating and a $36.00 price target on the stock.
  • 9/21/2017 – Baker Hughes, a GE company Class A had its price target lowered by analysts at J P Morgan Chase & Co from $32.00 to $30.00. They now have a “neutral” rating on the stock.
  • 9/13/2017 – Baker Hughes, a GE company Class A had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $50.00 price target on the stock.
  • 9/10/2017 – Baker Hughes, a GE company Class A had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $40.00 price target on the stock.
  • 9/5/2017 – Baker Hughes, a GE company Class A was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Baker Hughes, a GE Company is a provider of integrated oilfield products, services and digital solutions. Baker Hughes a GE Company, formerly known as Baker Hughes, is based in Houston, United States. “
  • 8/31/2017 – Baker Hughes, a GE company Class A is now covered by analysts at Barclays PLC. They set an “overweight” rating and a $41.00 price target on the stock. They wrote, “show me story,” with concerns about cash conversion and capital allocation, among others.Barclays said the bar remains quite low at least for now, with the 2018 EBITDA estimate well below the guidance.”While not immune to offshore and international headwinds, the new Baker Hughes is differentiated from its Large Cap OFS peers with a defensive global full-stream energy portfolio better suited for lower-for-longer oil prices,”
  • 8/27/2017 – Baker Hughes, a GE company Class A is now covered by analysts at Argus. They set a “buy” rating on the stock.
  • 8/23/2017 – Baker Hughes, a GE company Class A had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $55.00 price target on the stock.
  • 8/21/2017 – Baker Hughes, a GE company Class A is now covered by analysts at Argus. They set a “buy” rating and a $43.00 price target on the stock.

Baker Hughes, a GE company Class A (BHGE) traded down 1.13% during trading on Thursday, reaching $34.00. The company’s stock had a trading volume of 1,861,909 shares. The stock’s market cap is $14.55 billion. Baker Hughes, a GE company Class A has a 52-week low of $32.43 and a 52-week high of $40.82. The firm has a 50 day moving average price of $35.62 and a 200-day moving average price of $46.51.

Baker Hughes, a GE company Class A (NASDAQ:BHGE) last announced its quarterly earnings data on Friday, July 28th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.27). The firm had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.35 billion. Baker Hughes, a GE company Class A’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter last year, the company earned ($0.90) earnings per share. On average, analysts expect that Baker Hughes, a GE company Class A will post $0.49 earnings per share for the current year.

In other Baker Hughes, a GE company Class A news, insider Lorenzo Simonelli acquired 6,100 shares of the company’s stock in a transaction dated Friday, August 18th. The shares were bought at an average cost of $32.99 per share, with a total value of $201,239.00. Following the purchase, the insider now directly owns 9,139 shares of the company’s stock, valued at $301,495.61. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brian Worrell acquired 2,801 shares of the company’s stock in a transaction dated Wednesday, August 2nd. The stock was acquired at an average cost of $35.24 per share, for a total transaction of $98,707.24. Following the completion of the purchase, the chief financial officer now directly owns 2,801 shares in the company, valued at $98,707.24. The disclosure for this purchase can be found here. Insiders bought a total of 13,901 shares of company stock worth $476,796 over the last three months.

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