Baker Hughes a GE company (BHGE) Receives a Buy from Barclays


Barclays analyst David Anderson maintained a Buy rating on Baker Hughes a GE company (BHGE) yesterday and set a price target of $32. The company’s shares closed yesterday at $23.65.

According to TipRanks.com, Anderson ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -6.3% and a 36.4% success rate. Anderson covers the Basic Materials sector, focusing on stocks such as Ranger Energy Services Inc, Oceaneering International, and Mammoth Energy Services.

Baker Hughes a GE company has an analyst consensus of Moderate Buy, with a price target consensus of $35.78.

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The company has a one-year high of $37.76 and a one-year low of $20.09. Currently, Baker Hughes a GE company has an average volume of 7.39M.

Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is neutral on the stock.

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, a GE Co. is a holding company, which engages in the provision of oilfield products, services, and digital solutions. Through its subsidiaries, it helps its customers acquire, transport, and refine hydrocarbons a smaller environmental footprint. It offers products and services for upstream, midstream, downstream, industrial, and digital.

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