Baker Hughes (NYSE: BHI) received a number of ratings updates from brokerages and research firms in the last week:

  • Baker Hughes had its price target raised by analysts at FBR Capital from $45.00 to $53.00. They now have a “market perform” rating on the stock.
  • Baker Hughes had its “outperform” rating reaffirmed by analysts at Credit Agricole. They now have a $51.00 price target on the stock.
  • Baker Hughes was downgraded by analysts at Tudor Pickering from a “buy” rating to an “accumulate” rating.
  • Baker Hughes had its “overweight” rating reaffirmed by analysts at Barclays Capital. They now have a $58.00 price target on the stock.
  • Baker Hughes had its “hold” rating reaffirmed by analysts at Jefferies Group. They now have a $48.00 price target on the stock.
  • Baker Hughes had its “neutral” rating reaffirmed by analysts at Global Hunter Securities. They now have a $49.00 price target on the stock.

Shares of Baker Hughes traded down 1.58% during mid-day trading on Wednesday, hitting $44.16. Baker Hughes has a one year low of $37.08 and a one year high of $61.90. The company has a market cap of $19.411 billion and a P/E ratio of 10.71.

Baker Hughes Incorporated (Baker Hughes) is engaged in the oilfield services industry. Baker Hughes is a supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry.