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Baker Hughes Co has a consensus price target of $42.95 based on the ratings of 24 analysts. The high is $50 issued by Citigroup on November 14, 2024. The low is $29 issued by JP Morgan on January 13, 2022. The 3 most-recent analyst ratings were released by Citigroup, Susquehanna, and RBC Capital on November 14, 2024, October 24, 2024, and October 24, 2024, respectively. With an average price target of $47 between Citigroup, Susquehanna, and RBC Capital, there's an implied 5.48% 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 Citigroup on November 14, 2024. The analyst firm set a price target for $50.00 expecting BKR to rise to within 12 months (a possible 12.55% upside). 35 analyst firms have reported ratings in the last year.
The latest analyst rating for Baker Hughes (NASDAQ:BKR) was provided by Citigroup, and Baker Hughes maintained their buy rating.
The last upgrade for Baker Hughes Co happened on October 25, 2024 when Argus Research raised their price target to N/A. Argus Research previously had a hold 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 November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 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 $50.00. The current price Baker Hughes (BKR) is trading at is $44.43, which is within the analyst’s predicted range.
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