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Baker Hughes Co has a consensus price target of $41.13 based on the ratings of 24 analysts. The high is $50 issued by TD Cowen on July 29, 2024. The low is $29 issued by JP Morgan on January 13, 2022. The 3 most-recent analyst ratings were released by UBS, Morgan Stanley, and UBS on September 18, 2024, September 16, 2024, and August 20, 2024, respectively. With an average price target of $41.33 between UBS, Morgan Stanley, and UBS, there's an implied 14.69% upside for Baker Hughes Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Baker Hughes (NASDAQ:BKR) was reported by UBS on September 18, 2024. The analyst firm set a price target for $40.00 expecting BKR to rise to within 12 months (a possible 10.99% upside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for Baker Hughes (NASDAQ:BKR) was provided by UBS, and Baker Hughes maintained their neutral rating.
The last upgrade for Baker Hughes Co happened on March 15, 2023 when JP Morgan raised their price target to $32. JP Morgan previously had a neutral for Baker Hughes Co.
The last downgrade for Baker Hughes Co happened on January 29, 2024 when Wolfe Research changed their price target from N/A to N/A for Baker Hughes Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Baker Hughes, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Baker Hughes was filed on September 18, 2024 so you should expect the next rating to be made available sometime around September 18, 2025.
While ratings are subjective and will change, the latest Baker Hughes (BKR) rating was a maintained with a price target of $42.00 to $40.00. The current price Baker Hughes (BKR) is trading at is $36.04, which is out of the analyst’s predicted range.
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