Baker Hughes Incorporated (BHI) Shares are Down -1.51%

Baker Hughes Incorporated (BHI) : During the past 4 weeks, traders have been relatively bearish on Baker Hughes Incorporated (BHI), hence the stock is down -6.26% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.03% relative to the S&P 500. The 4-week change in the price of the stock is -8.16% and the stock has fallen -1.51% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.92% and the 50-Day Moving Average is 0.81%.The 200 Day SMA reached 6.7% Baker Hughes Incorporated is up 3.77% in the last 3-month period. Year-to-Date the stock performance stands at 6.06%.


Baker Hughes Incorporated (BHI) has been rated by 19 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $63 and the lowest price target forecast is $37. The average forecast of all the analysts is $51.63 and the expected standard deviation is $7.42.

For the current week, the company shares have a recommendation consensus of Buy. Baker Hughes Incorporated (NYSE:BHI): stock was range-bound between the intraday low of $47.96 and the intraday high of $48.565 after having opened at $48.42 on Fridays session. The stock finally closed in the red at $48.42, a loss of -1.59%. The stock remained in the red for the whole trading day. The total traded volume was 4,976,961 shares. The stock failed to cross $48.565 in Fridays trading. The stocks closing price on Thursday was $48.4.

Baker Hughes Incorporated is engaged in the oilfield services industry. The Company is a supplier of oilfield services, products, technology and systems to the around the world oil and natural gas industry. The Company also provides industrial products and services to the downstream chemicals, and process and pipeline services. It conducts its operations through subsidiaries, affiliates, ventures and alliances. The Company has four geographical operating segments: North America, Latin America, Europe/Africa/Russia Caspian and Middle East/Asia Pacific. The Company also has an Industrial Services segment, which includes the downstream chemicals business and the process and pipeline services business. The Companys Integrated Operations is focused on the execution of projects that have attributes, such as project management, well site supervision, well construction, intervention, third-party contractor management, procurement and rig management.

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