BKR - Baker Hughes Co - Stock Forecast

Energy - Sector
Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

BKR is currently covered by 23 analysts with an average price target of $41.71. This is a potential upside of $9.04 (27.67%) from yesterday's end of day stock price of $32.67.

Baker Hughes Co's activity chart (see below) currently has 89 price targets and 141 ratings on display. The stock rating distribution of BKR is 87.65% BUY and 12.35% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 46.54% with an average time for these price targets to be met of 269.3 days.

Highest price target for BKR is $75, Lowest price target is $35, average price target is $41.71.

Most recent stock forecast was given by KURT HALLEAD from BENCHMARK on 24-Apr-2024. First documented stock forecast 31-Aug-2017.

Overview

Baker Hughes is a global provider of technology and services to the energy and industrial value chain. The company operates through two segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET).

The OFSE segment

Provides a range of products and services for oil and gas companies, including exploration, appraisal, production, rejuvenation, and decommissioning. It offers drilling services, drill bits, drilling and completions fluids, completions, intervention, measurements, pressure pumping, and wireline services. Additionally, the segment provides artificial lift systems, oilfield and industrial chemicals, subsea projects and services, flexible pipe systems, and surface pressure control systems.

The IET segment

Is focused on gas technology equipment, offering design, manufacturing, testing, and installation of drivers, driven equipment, flow control, and turnkey solutions. Additionally, the segment provides gas technology services, such as advanced solutions, spare parts, specialized field service engineers, and repair services.

The segment also provides rack-based vibration monitoring equipment and sensors, performance management products, inspection services, pumps, valves, gears, precision sensors and instrumentation, and controls.

History

Baker Hughes Company was incorporated in 2016 and is based in Houston, Texas. Formerly started as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019.

Currently out of the existing stock ratings of BKR, 71 are a BUY (87.65%), 10 are a HOLD (12.35%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

40

$7.33 (22.44%)

44

1 days ago

5/8 (62.5%)

$7.33 (22.44%)

741

Buy

40

$7.33 (22.44%)

40

17 days ago

6/14 (42.86%)

$5.75 (16.79%)

545

Buy

39

$6.33 (19.38%)

39

2 months 24 days ago

4/7 (57.14%)

$10.58 (37.23%)

289

Hold

44

2 months 27 days ago

0/1 (0%)

$9.45 (27.35%)

Buy

41

$8.33 (25.50%)

42

2 months 30 days ago

4/8 (50%)

$10.74 (35.49%)

427

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What is BKR (Baker Hughes Co) average time for price targets to be met?

On average it took 269.3 days on average for the stock forecasts to be realized with a an average price target met ratio 46.54

Which analyst has the current highest performing score on BKR (Baker Hughes Co) with a proven track record?

IAN MACPHERSON

Which analyst has the most public recommendations on BKR (Baker Hughes Co)?

Ian Macpherson works at PIPER SANDLER and has 16 price targets and 8 ratings on BKR

Which analyst is the currently most bullish on BKR (Baker Hughes Co)?

Saurabh Pant with highest potential upside - $42.33

Which analyst is the currently most reserved on BKR (Baker Hughes Co)?

Angie Sedita with lowest potential downside - -$6.32

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