# Baker Hughes Company – Consensus ‘buy’ rating and 22.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/baker-hughes-company-consensus-buy-rating-and-22.9-upside-potential/4121135178
- Published: 2023-12-05T13:24:20+00:00
- Author: Charlotte Edwards

**Baker Hughes Company** with ticker code (BKR) now have 25 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘buy’. The target price High/
Low ranges between $47.00 and $36.00 with the average target price sitting at $41.54.
Now with the previous closing price of $33.79 this indicates there is a potential
upside of 22.9%. It’s also worth noting that there is a 50 day moving average of
$34.55 and the 200 moving average now moves to $32.31. The company has a market 
capitalization of 34.20B. The stock price for the company is currently $33.75 USD

 The potential market cap would be $42,039,749,641 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 20.21, revenue per share of $24.40
and a 4.6% return on assets.

Baker Hughes Company is an energy technology company. The Company’s segments include
Oilfield Services & Equipment (OFSE), and Industrial & Energy Technology (IEM). 
The OFSE segment designs and manufactures products and provides services for onshore
and offshore oil and gas operations across the lifecycle of a well, including exploration,
drilling, evaluation, completion, production, intervention and abandonment. The 
OFSE segment is organized into four product lines, including Well Construction; 
Completions, Intervention, and Measurements; Production Solutions, and Subsea and
Surface Pressure Systems. The IEM segment provides technology solutions and services
for mechanical-drive, compression and power-generation applications across the energy
industry, including oil and gas, liquefied natural gas operations, downstream refining
and petrochemical markets, as well as lower carbon solutions to broader energy and
industrial sectors. It also provides equipment, software, and services.

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