Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Baker Hughes Company (BKR – Research Report) and Range Resources (RRC – Research Report).
Baker Hughes Company (BKR)
Benchmark Co. analyst Kurt Hallead maintained a Buy rating on Baker Hughes Company today and set a price target of $40.00. The company’s shares closed last Tuesday at $33.00.
According to TipRanks.com, Hallead is a 3-star analyst with an average return of
Baker Hughes Company has an analyst consensus of Strong Buy, with a price target consensus of $41.06, a 27.4% upside from current levels. In a report issued on April 11, RBC Capital also maintained a Buy rating on the stock with a $39.00 price target.
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Range Resources (RRC)
In a report released today, Subash Chandra from Benchmark Co. maintained a Hold rating on Range Resources. The company’s shares closed last Tuesday at $36.58, close to its 52-week high of $37.88.
According to TipRanks.com, Chandra is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Range Resources with a $36.00 average price target, representing a -0.1% downside. In a report issued on April 11, Scotiabank also downgraded the stock to Hold with a $45.00 price target.
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Read More on BKR:
- Baker Hughes Company Sparks Interest with Informal Update
- Baker Hughes Declares Quarterly Dividend
- Baker Hughes Awarded Significant Gas Technology Scope for Phase 3 of Saudi Arabia’s Master Gas System
- Baker Hughes reports U.S. rig count up 2 to 619 rigs
- Baker Hughes price target raised to $40 from $37.50 at BofA
