Impact of Brokerage Rating on Baker Hughes Incorporated(BHI)

Many Baker Hughes Incorporated(BHI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Baker Hughes Incorporated was Upgraded by Susquehanna to Positive on Feb 9, 2017. Baker Hughes Incorporated was Initiated by SunTrust to Hold on Jan 18, 2017. Baker Hughes Incorporated was Downgraded by Credit Suisse to Neutral on Jan 4, 2017. Baker Hughes Incorporated was Downgraded by Susquehanna to Neutral on Jan 4, 2017. Baker Hughes Incorporated was Initiated by Bernstein to Mkt Perform on Dec 2, 2016.

Company has reported several Insider transactions to the SEC, on Nov 16, 2016, Gregory D Brenneman (director) purchased 85,000 shares at 58.84 per share price.On Nov 10, 2016, Belgacem Chariag (Vice President) sold 15,000 shares at 58.08 per share price.On Oct 11, 2016, Alan R Jr Crain (SVP, Chief Legal/Gov Ofcr) sold 3,000 shares at 53.00 per share price.

Baker Hughes Incorporated Last issued its quarterly earnings results on Jan 26, 2017. The company reported $-0.30 EPS for the quarter, missing the analyst consensus estimate by $ -0.17. Analyst had a consensus of $-0.13. The company had revenue of $2410.00 million for the quarter, compared to analysts expectations of $2382.19 million. The companys revenue was down -29.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.21 EPS.

Baker Hughes Incorporated (NYSE:BHI) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.14 by 22 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 3 stock experts have also suggested a buy rating. 11 Brokerage Firms have advised hold.

Baker Hughes Incorporated (NYSE:BHI) stock has received a short term price target of $ 62.91 from 21 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $9.67. The higher estimate of target price is $72 , while the lower price target estimate is $39

Baker Hughes Incorporated (NYSE:BHI) rose 0.72% or 0.44 points on Tuesday and made its way into the gainers of the day. After trading began at $61.27 the stock was seen hitting $61.6025 as a peak level and $60.33 as the lowest level. The stock ended up at $61.5. The daily volume was measured at 1,939,634 shares. The 52-week high of the share price is $68.59 and the 52-week low is $38.16. The company has a market cap of $26,158 million.

Baker Hughes Inc. is engaged in the oilfield and process industries. In addition, the company manufactures and sells other products and provides services to industries that are not related to the oilfield or continuous process industries. The company conducts certain of its operations through joint ventures, partnerships or alliances.


For any feedback and suggestions contact author at

Add Comment