Somewhat Positive Media Coverage Somewhat Unlikely to Impact Baker Hughes A GE (BHI) Stock Price

Media headlines about Baker Hughes A GE (NYSE:BHI) have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Baker Hughes A GE earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the oilfield services provider an impact score of 46.0652171175828 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several equities research analysts have recently commented on BHI shares. Barclays started coverage on Baker Hughes A GE in a report on Thursday, August 31st. They issued a “buy” rating and a $41.00 price objective for the company. UBS started coverage on Baker Hughes A GE in a report on Thursday, October 19th. They issued a “hold” rating and a $36.00 price objective for the company. Loop Capital reissued a “hold” rating and issued a $37.00 price objective on shares of Baker Hughes A GE in a report on Monday, October 23rd. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $38.00 price objective on shares of Baker Hughes A GE in a report on Wednesday, October 25th. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $58.06.

Baker Hughes A GE (NYSE BHI) traded up $3.17 on Monday, reaching $57.68. The company had a trading volume of 4,124,500 shares, compared to its average volume of 2,667,498. Baker Hughes A GE has a twelve month low of $43.09 and a twelve month high of $68.59. The company has a current ratio of 4.21, a quick ratio of 3.31 and a debt-to-equity ratio of 0.23.

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Baker Hughes A GE Company Profile

Baker Hughes, a GE Company is an oil and gas company. The Company is a provider of integrated oilfield products, services and digital solutions. The Company’s products and services include upstream, midstream, downstream, industrial and digital. The Company’s upstream, which includes evaluation, drilling, completions and production.

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