NYSE:BKR - Baker Hughes Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $17.97
  • Forecasted Upside: -9.15 %
  • Number of Analysts: 24
  • Breakdown:
  • 1 Sell Ratings
  • 6 Hold Ratings
  • 17 Buy Ratings
  • 0 Strong Buy Ratings
$19.78
+0.30 (1.20%)
1 month | 3 months | 12 months
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Analyst Price Target for BKR

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$17.97
▼ -9.15% Downside Potential
This price target is based on 24 analysts offering 12 month price targets for Baker Hughes in the last 3 months. The average price target is $17.97, with a high forecast of $31.00 and a low forecast of $10.50. The average price target represents a -9.15% upside from the last price of $19.78.
Buy
The current consensus among 24 contributing investment analysts is to buy stock in Baker Hughes.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/6/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/4/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/3/2019
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/2/2020
  • 0 strong buy ratings
  • 15 buy ratings
  • 4 hold ratings
  • 1 sell ratings
5/31/2020
  • 0 strong buy ratings
  • 16 buy ratings
  • 5 hold ratings
  • 1 sell ratings
8/29/2020
  • 0 strong buy ratings
  • 18 buy ratings
  • 6 hold ratings
  • 1 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 17 buy ratings
  • 6 hold ratings
  • 1 sell ratings
11/27/2020

Latest Recommendations

  • 0 strong buy ratings
  • 17 buy ratings
  • 6 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/12/2020Exane BNP ParibasInitiated CoverageOutperform$18.00High
i
10/12/2020BNP ParibasInitiated CoverageOutperform$18.00Medium
i
10/1/2020BMO Capital MarketsInitiated CoverageMarket Perform$16.00Low
i
8/13/2020The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyMedium
i
7/27/2020Northland SecuritiesReiterated RatingHold$17.00Medium
i
7/24/2020ScotiabankBoost Price TargetSector Perform$18.00 ➝ $19.00Medium
i
Rating by Vaibhav Vaishnav at Scotiabank
7/23/2020140166Boost Price Target$19.00 ➝ $22.00High
i
7/23/2020Morgan StanleyBoost Price TargetOverweight$19.00 ➝ $20.00Low
i
7/16/2020ScotiabankDowngradeSector Outperform ➝ Sector Perform$18.00Low
i
7/9/2020Morgan StanleyBoost Price TargetOverweight$18.00 ➝ $19.00High
i
6/23/2020Royal Bank of CanadaReiterated RatingBuyMedium
i
6/19/2020CowenBoost Price TargetOutperform$19.00 ➝ $21.00High
i
5/29/2020Northland SecuritiesInitiated CoverageMarket Perform$17.00Medium
i
5/26/2020UBS GroupBoost Price TargetBuy$17.00 ➝ $20.00Medium
i
5/14/2020BarclaysBoost Price TargetOverweight$14.00 ➝ $17.00High
i
4/23/2020JPMorgan Chase & Co.Lower Price TargetOverweight$17.00 ➝ $16.00Medium
i
4/23/2020CfraLower Price TargetHold$24.00 ➝ $14.00High
i
4/23/2020BarclaysLower Price TargetOverweight$15.00 ➝ $14.00High
i
4/23/2020Wells Fargo & CompanyLower Price TargetOverweight$18.00 ➝ $17.00High
i
4/23/2020Credit Suisse GroupBoost Price TargetOutperform$15.00 ➝ $16.00High
i
4/23/2020CitigroupBoost Price TargetBuy$14.00 ➝ $16.00High
i
4/16/2020StephensBoost Price TargetOverweight$14.00 ➝ $16.00Medium
i
Rating by Tommy Moll at Stephens
4/9/2020UBS GroupLower Price TargetBuy$26.00 ➝ $16.00High
i
4/6/2020Sanford C. BernsteinUpgradeUnderperform ➝ Outperform$20.40 ➝ $15.30High
i
4/6/2020Royal Bank of CanadaReiterated RatingBuyHigh
i
3/31/2020BarclaysLower Price TargetOverweight$18.00 ➝ $15.00High
i
3/31/2020ArgusDowngradeBuy ➝ Hold$10.50High
i
3/30/2020Wells Fargo & CompanyLower Price TargetOverweight$25.00 ➝ $18.00High
i
3/27/2020Piper SandlerLower Price TargetOverweight$32.00 ➝ $15.00Low
i
3/27/2020Royal Bank of CanadaLower Price TargetOutperform$23.00 ➝ $19.00High
i
3/26/2020Tudor PickeringUpgradeHold ➝ Buy$20.00High
i
3/20/2020CitigroupLower Price TargetBuy$26.00 ➝ $14.00Medium
i
3/20/2020BarclaysReiterated RatingBuy$18.00Low
i
3/16/2020Morgan StanleyLower Price TargetOverweight$30.00 ➝ $18.00Medium
i
3/13/2020CitigroupLower Price TargetBuy$33.00 ➝ $26.00High
i
3/10/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$18.00High
i
3/3/2020UBS GroupLower Price TargetBuy$30.00 ➝ $26.00Medium
i
2/20/2020Edward JonesDowngradeBuy ➝ HoldMedium
i
1/28/2020Deutsche Bank AktiengesellschaftLower Price TargetBuy$32.00 ➝ $31.00Low
i
1/23/2020CowenLower Price TargetOutperform$34.00 ➝ $33.00Medium
i
Rating by Marc Bianchi at Cowen Inc
1/22/2020CfraDowngradeBuy ➝ HoldHigh
i
1/14/2020Bernstein BankInitiated CoverageUnderperform$19.50Medium
i
1/13/2020Sanford C. BernsteinInitiated CoverageUnderperform$19.50Medium
i
1/9/2020Wells Fargo & CompanyBoost Price TargetOverweight$28.00 ➝ $33.00Low
i
12/16/2019CowenReiterated RatingBuy$34.00Low
i
Rating by Marc Bianchi at Cowen Inc
12/11/2019StephensInitiated CoverageOverweight$28.00High
i
Rating by Tommy Moll at Stephens
11/27/2019Deutsche Bank AktiengesellschaftInitiated CoverageBuy$32.00Low
i
11/19/2019Deutsche Bank AktiengesellschaftInitiated CoverageBuy$32.00 ➝ $32.00Low
i
11/15/2019140166UpgradeNeutral ➝ PositiveHigh
i
11/1/2019BarclaysReiterated RatingBuy$28.00Medium
i
(Data available from 11/28/2015 forward)
Baker Hughes logo
Baker Hughes Company provides a portfolio of technologies and services worldwide. The company operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). The OFS segment offers drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, completions tools and systems, wellbore intervention tools and services, artificial lift systems, pressure pumping systems, and oilfield and industrial chemicals for oil and natural gas, and oilfield service companies. The OFE segment designs and manufactures products and services, including pressure control equipment and services, subsea production systems and services, drilling equipment, and flexible pipeline systems; and onshore and offshore drilling and production systems, and equipment for floating production platforms, as well as provides services related to onshore and offshore drilling activities. The TPS segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, onshore and offshore, and industrial, as well as engineering, procurement, and construction companies. The DS segment provides sensor-based measurement, non-destructive testing and inspection, turbine, generator and plant controls, and condition monitoring, as well as pipeline integrity solutions for a range of industries, including oil and gas, power generation, aerospace, metals, and transportation. It serves through direct and indirect channels. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company is based in Houston, Texas.
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Today's Range

Now: $19.78
$19.60
$19.85

50 Day Range

MA: $15.71
$12.86
$20.26

52 Week Range

Now: $19.78
$9.12
$25.99

Volume

2,415,200 shs

Average Volume

7,134,488 shs

Market Capitalization

$20.48 billion

P/E Ratio

N/A

Dividend Yield

3.64%

Beta

1.68