Baker Hughes A GE (BHI) Receiving Somewhat Favorable Press Coverage, Analysis Shows
Headlines about Baker Hughes A GE (NYSE:BHI) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Baker Hughes A GE earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media coverage about the oilfield services provider an impact score of 46.2720782910087 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Hifi Engineering, Plains Midstream Canada, Baker Hughes Announce Vigilant Control Room Software (markets.financialcontent.com)
- US crude settles at two-year high after pipeline disruption – Reuters India (in.reuters.com)
- U.S. rig count rises by 8 for third straight gain, Baker Hughes says (seekingalpha.com)
- U.S. oil rig count up in Nov, first monthly build since July -Baker Hughes (feeds.reuters.com)
- Baker Hughes’ sell-off could mean buying opportunity -Barron’s (feeds.reuters.com)
A number of brokerages have recently issued reports on BHI. Barclays PLC began coverage on shares of Baker Hughes A GE in a report on Thursday, August 31st. They set a “buy” rating and a $41.00 price target for the company. Royal Bank Of Canada reaffirmed a “buy” rating and set a $38.00 price objective on shares of Baker Hughes A GE in a research report on Wednesday, October 25th. Loop Capital reaffirmed a “hold” rating and set a $37.00 price objective on shares of Baker Hughes A GE in a research report on Monday, October 23rd. Finally, UBS AG initiated coverage on shares of Baker Hughes A GE in a research report on Thursday, October 19th. They set a “hold” rating and a $36.00 price objective for the company. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seven have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $59.00.
Shares of Baker Hughes A GE (NYSE:BHI) traded up $13.43 on Friday, reaching $57.68. Baker Hughes A GE has a fifty-two week low of $43.09 and a fifty-two week high of $68.59. The company has a current ratio of 4.21, a quick ratio of 3.31 and a debt-to-equity ratio of 0.23.
Baker Hughes A GE Company Profile
Baker Hughes, a GE Company is an oil and gas company. The Company is a provider of integrated oilfield products, services and digital solutions. The Company’s products and services include upstream, midstream, downstream, industrial and digital. The Company’s upstream, which includes evaluation, drilling, completions and production.
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