Baker Hughes A GE Co (BHI) Given Average Recommendation of “Hold” by Brokerages
Baker Hughes A GE Co (NYSE:BHI) has received an average recommendation of “Hold” from the twenty-four analysts that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, fifteen have given a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $58.06.
A number of brokerages have issued reports on BHI. Barclays began coverage on shares of Baker Hughes A GE in a report on Thursday, August 31st. They set a “buy” rating and a $41.00 price objective for the company. Royal Bank Of Canada reaffirmed a “buy” rating and set a $38.00 price objective on shares of Baker Hughes A GE in a report on Wednesday, October 25th. Loop Capital reaffirmed a “hold” rating and set a $37.00 price objective on shares of Baker Hughes A GE in a report on Monday, October 23rd. Finally, UBS began coverage on shares of Baker Hughes A GE in a report on Thursday, October 19th. They set a “hold” rating and a $36.00 price objective for the company.
Shares of Baker Hughes A GE (BHI) traded up $3.17 on Monday, reaching $57.68. 4,124,500 shares of the company’s stock were exchanged, compared to its average volume of 2,667,498. The company has a quick ratio of 3.31, a current ratio of 4.21 and a debt-to-equity ratio of 0.23. Baker Hughes A GE has a twelve month low of $43.09 and a twelve month high of $68.59.
About Baker Hughes A GE
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.
Receive News & Ratings for Baker Hughes A GE Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baker Hughes A GE Co and related companies with MarketBeat.com's FREE daily email newsletter.