Shares of Baker Hughes A GE Co (NYSE:BHI) have earned an average recommendation of “Hold” from the thirty-one research firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and twelve have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $61.90.

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada set a $72.00 target price on shares of Baker Hughes A GE and gave the stock a “buy” rating in a report on Saturday, July 1st. FBR & Co assumed coverage on shares of Baker Hughes A GE in a report on Monday, July 17th. They set a “mkt perform” rating and a $42.00 target price on the stock. Guggenheim lowered shares of Baker Hughes A GE from a “buy” rating to a “neutral” rating in a report on Tuesday, June 27th. UBS AG assumed coverage on shares of Baker Hughes A GE in a report on Thursday. They set a “hold” rating and a $36.00 target price on the stock. Finally, Barclays PLC assumed coverage on shares of Baker Hughes A GE in a report on Thursday, August 31st. They set a “buy” rating and a $41.00 target price on the stock.

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A number of large investors have recently modified their holdings of the stock. Partners Capital Investment Group Holdings LLC boosted its stake in Baker Hughes A GE by 0.3% during the 1st quarter. Partners Capital Investment Group Holdings LLC now owns 1,944 shares of the oilfield services provider’s stock worth $116,000 after purchasing an additional 5 shares during the period. Sandy Spring Bank boosted its stake in Baker Hughes A GE by 0.7% during the 2nd quarter. Sandy Spring Bank now owns 4,740 shares of the oilfield services provider’s stock worth $258,000 after purchasing an additional 35 shares during the period. Stifel Financial Corp boosted its stake in Baker Hughes A GE by 0.3% during the 2nd quarter. Stifel Financial Corp now owns 14,353 shares of the oilfield services provider’s stock worth $781,000 after purchasing an additional 36 shares during the period. Security National Bank of Sioux City Iowa IA boosted its stake in Baker Hughes A GE by 0.5% during the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 13,050 shares of the oilfield services provider’s stock worth $711,000 after purchasing an additional 62 shares during the period. Finally, Cadence Capital Management LLC boosted its stake in Baker Hughes A GE by 0.6% during the 2nd quarter. Cadence Capital Management LLC now owns 16,624 shares of the oilfield services provider’s stock worth $906,000 after purchasing an additional 94 shares during the period. Hedge funds and other institutional investors own 91.32% of the company’s stock.

Baker Hughes A GE Company Profile

Baker Hughes, a GE Company is an oil and gas company. The Company is a provider of integrated oilfield products, services and digital solutions. The Company’s products and services include upstream, midstream, downstream, industrial and digital. The Company’s upstream, which includes evaluation, drilling, completions and production.

Analyst Recommendations for Baker Hughes A GE (NYSE:BHI)

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