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Analysts Offer Insights on NA Companies: FREYR Battery (FREY) and Baker Hughes Company (BKR)

There’s a lot to be optimistic about in the NA sector as 2 analysts just weighed in on FREYR Battery (FREYResearch Report) and Baker Hughes Company (BKRResearch Report) with bullish sentiments.

FREYR Battery (FREY)

In a report released yesterday, Gregory Lewis from BTIG maintained a Buy rating on FREYR Battery, with a price target of $14.00. The company’s shares closed last Wednesday at $7.55, close to its 52-week low of $6.20.

According to TipRanks.com, Lewis is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.2% and a 41.0% success rate. Lewis covers the Industrial Goods sector, focusing on stocks such as Chart Industries, Scorpio Tankers, and Workhorse Group.

FREYR Battery has an analyst consensus of Strong Buy, with a price target consensus of $13.50, implying a 77.4% upside from current levels. In a report issued on June 20, Goldman Sachs also maintained a Buy rating on the stock with a $14.00 price target.

See the top stocks recommended by analysts >>

Baker Hughes Company (BKR)

In a report released today, Scott Gruber from Citi maintained a Buy rating on Baker Hughes Company, with a price target of $40.00. The company’s shares closed last Wednesday at $31.13, close to its 52-week high of $33.12.

According to TipRanks.com, Gruber is a 5-star analyst with an average return of 13.7% and a 56.1% success rate. Gruber covers the NA sector, focusing on stocks such as Solaris Oilfield Infrastructure, Nextier Oilfield Solutions, and Liberty Oilfield Services.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Baker Hughes Company with a $37.92 average price target.

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