Scott Gruber, analyst at Citigroup, reiterates coverage on Baker Hughes Company (NYSE:BKR) in the Industrial sector with a Buy rating. TipRanks.com has Gruber rated as a 4 star analyst with a 9.00% return on investment and a 51.00% success rate. Gruber has set a price target of $30.00.
TipRanks.com reports that NYSE:BKR currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $27.61. The target pricing ranges from a high forecast of $31.00 down to a low forecast of $20.50.
NYSE:BKR’s last closing price was $24.14 which would put the average price target at 14.37% upside.
In addition, TradingView issued a Buy rating for NYSE:BKR over the next month.
Remember, securities are volatile, so please do your own research on NYSE:BKR.
Other analysts covering NYSE:BKR include:
- Neil Mehta of Goldman Sachs issued a buy rate with the price target of $29 on May 13th
- David Anderson of Barclays issued a buy rate with the price target of $28 on May 3rd
- Jacob Lundberg of Credit Suisse issued a buy rate with the price target of $20.5 in April
If you are interest in stocks like NYSE:BKR or stocks in the Industrial sector, please click here.
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