Baker Hughes Company which can be found using ticker (BKR) have now 24 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $47.00 and $36.00 calculating the mean target price we have $40.67. Given that the stocks previous close was at $33.86 this now indicates there is a potential upside of 20.1%. It’s also worth noting that there is a 50 day moving average of $35.40 and the 200 day MA is $32.14. The market cap for the company is 34.19B. The stock price for the company is currently $33.74 USD
The potential market cap would be $41,062,026,322 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 20.2, revenue per share of $24.40 and a 4.6% return on assets.
Baker Hughes Company is an energy technology company. The Company’s segments include Oilfield Services & Equipment (OFSE), and Industrial & Energy Technology (IEM). The OFSE segment designs and manufactures products and provides services for onshore and offshore oil and gas operations across the lifecycle of a well, including exploration, drilling, evaluation, completion, production, intervention and abandonment. The OFSE segment is organized into four product lines, including Well Construction; Completions, Intervention, and Measurements; Production Solutions, and Subsea and Surface Pressure Systems. The IEM segment provides technology solutions and services for mechanical-drive, compression and power-generation applications across the energy industry, including oil and gas, liquefied natural gas operations, downstream refining and petrochemical markets, as well as lower carbon solutions to broader energy and industrial sectors. It also provides equipment, software, and services.
