Seaport Global analyst Tom Curran maintained a Buy rating on Baker Hughes Company (BKR – Research Report) today and set a price target of $42.00. The company’s shares closed last Friday at $34.31.
According to TipRanks, Curran is an analyst with an average return of -4.1% and a 37.39% success rate. Curran covers the Energy sector, focusing on stocks such as Baker Hughes Company, Dril-Quip, and NOV.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Baker Hughes Company with a $40.70 average price target, a 18.62% upside from current levels. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $45.00 price target.
BKR market cap is currently $34.34B and has a P/E ratio of 17.92.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Baker Hughes Company (BKR) Company Description:
Texas-based Baker Hughes Co. provides a portfolio of technologies and services worldwide. The company operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS).
Read More on BKR:
- Baker Hughes reports U.S. rig count down 1 to 620 rigs
- Baker Hughes awarded order for electric-driven liquefaction technologies
- Baker Hughes to Supply Electric-driven Liquefaction Technology for Cedar LNG Project
- Baker Hughes to supply Europe’s Snam with hydrogen-ready technology
- Baker Hughes to Supply Snam with Hydrogen-Ready Technology to Support Decarbonization and Resilience of the Italian Gas Network
