The Susquehanna Analysts Give Baker Hughes Inc. (BHI) a $70.00 Price Target

The stock now has Monthly Volatility of 2.86% and Weekly Volatility of 2.33%. Deutsche Bank AG initiated coverage on Baker Hughes, a GE company Class A in a research note on Tuesday, October 10th.

BHGE has been the subject of several other reports.

Shares of Baker Hughes, a GE company Class A (NASDAQ:BHGE) opened at $33.92 on Tuesday. Finally, Fairpointe Capital LLC bought a new stake in shares of Baker Hughes, a GE company Class A in the second quarter worth about $229,000. DA Davidson reissued a "buy" rating on shares of Baker Hughes in a research report on Monday, November 14th. FBR & Co reissued a "buy" rating on shares of Baker Hughes in a research report on Friday, July 29th.

Scotiabank set a $44.00 target price on Baker Hughes, a GE company Class A (NASDAQ:BHGE) in a research report sent to investors on Saturday, October 21st.

Baker Hughes, a GE company has a consensus hold rating from 31 Wall Street analysts, and the number of shares now sold short amount to at least 1.9% of shares outstanding.

TRADEMARK VIOLATION WARNING: "Baker Hughes, a GE company Class A (BHGE) Given Neutral Rating at B. Riley" was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes.

Baker Hughes (NYSE:BHI) traded up 1.91% during trading on Monday, hitting $62.02. The company has its outstanding shares of 1.15B. The corporation has a market cap of US$38.97 Billion. Royal Bank Of Canada set a $44.00 price target on Baker Hughes, a GE company Class A and gave the company a buy rating in a research note on Saturday, October 7th.

Analyzing the technical facts of Baker Hughes, a GE company (BHGE), its current distance from 20-Day Simple Moving Average is 4.17% and standing -1.78% away from 50-Day Simple Moving Average while traded down -11.41% from 200-Day Simple Moving Average. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.07). However it has a net margin of -1.70%. The firm earned $2.40 billion during the quarter, compared to analysts' expectations of $2.41 billion. For the past 5 years, the company's revenue has grown -7.1%, while the company's earnings per share has grown -26.8%. Baker Hughes, a GE company Class A's revenue was up 77.7% compared to the same quarter previous year. Analysts forecast that Baker Hughes will post ($1.61) EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.12%.

Looking forward, the company's quarterly earnings are expected to come at $1.71 in the three months through December 2017 and $1.94 in the quarter ending March 2018, reflecting 0% and 17.58% growth, respectively.

In related news, insider Matthias L. Heilmann purchased 1,500 shares of the company's stock in a transaction dated Thursday, October 26th. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. Following the transaction, the insider now directly owns 3,500 shares in the company, valued at approximately $105,140. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. The portion of a company's profit allocated to each outstand ing share of common stock was $6.97 a share in the trailing twelve months. The shares were sold at an average price of $53.00, for a total transaction of $159,000.00. Following the transaction, the senior vice president now owns 21,160 shares of the company's stock, valued at approximately $1,121,480. The disclosure for this sale can be found here.

Several institutional investors have recently bought and sold shares of BHI. After a recent check, it is observed that the insiders for the firm now own 0.20% shares. Creative Planning raised its position in Baker Hughes by 27.4% in the second quarter. (FET) stock moved with shift of 4.81% in the past week. Baker Hughes, a GE company has 1.15 billion shares outstand ing, and in the last trade has seen ATR around 1.03.

Like this


07 November 2017
Microsoft releases cumulative updates for Windows 10 ahead of regular Patch Tuesday
Intel Boot Guard in Verified Boot mode, or AMD Hardware Verified Boot, or an OEM equivalent mode with similar functionality. Windows 10 KB4049370 is intended for Microsoft Surface Laptop audiences only and focuses on quality improvements.

07 November 2017
Vodafone launches data carry forward facility, free Netflix with new Red plans
The Rs. 1,299 and Rs. 1,699 plans give 100 global minutes and the Rs. 1,999 plan offers 200 minutes of worldwide calls. The RED Signature Rs. 2,999 plan gives 200 global minutes and there's no limit for local and national calls.

07 November 2017
Experts Watch-list Companies: Bristol-Myers Squibb Company (BMY), HCP, Inc. (HCP)
Bristol-Myers Squibb accounts for 2.0% of Decatur Capital Management Inc.'s holdings, making the stock its 24th biggest position. The stock of Bristol-Myers Squibb Co (NYSE: BMY ) has "Hold" rating given on Thursday, October 26 by Piper Jaffray.

07 November 2017
Netflix Announces First Comic Book Title, Mark Millar's 'The Magic Order'
In " The Magic Order ", five families of magicians sworn to protect our world must battle an enemy who's picking them off one by one.

07 November 2017
Tyronn Lue says Cavaliers should be embarrassed
The Cleveland Cavaliers dropped the fifth of their last six games as they fell to the 2-8 Atlanta Hawks on Sunday, 117-115. John Collins contributed 12 points and a game-high 13 rebounds for the Hawks (2-8), while Schroder dished out nine assists.

07 November 2017
Ola partners with Microsoft for building a connected vehicle platform
For customised offerings, the connected vehicle platform is also programmed to collect, analyse and remember data about user behaviour.

07 November 2017
Analysts' Activity: Sino-Global Shipping (SINO) and Marchex Inc (MCHX)
In current trading day Sino-Global Shipping America, Ltd. (SINO) stock confirmed the flow of 5.38% with the final price of $2.94. Stock's minimum price target estimates has been figured out at $3.1 while the maximum price target forecast is established at $4.

07 November 2017
Stay safe from WhatsApp scam
Action Fraud said the latest scam was similar to one from past year that promised money off vouchers for Sainsbury's and Top Shop. A typical version reads: "Hello, ASDA is giving away £250 Free Voucher to celebrate 68th anniversary, go here to get it ...

07 November 2017
Incoming Liverpool signing Naby Keita appealing in forgery case
The fine is calculated based on an assumed rate of income, with the court of the belief that Keita earns €3m per year at Leipzig. Staff at Leipzig's licensing centre became suspicious and handed the documents to police.

07 November 2017
Scantily clad woman steals from Uber driver's tip jar
The driver says he was too busy working to file a police report after the video was filmed in August of this year. A passenger was caught on camera stealing a handful of cash from a Uber driver's trip jar.