News articles about Baker Hughes A GE (NYSE:BHI) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Baker Hughes A GE earned a news impact score of 0.18 on Accern’s scale. Accern also gave media stories about the oilfield services provider an impact score of 46.7240072119913 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have effected Accern’s rankings:
- U.S. drillers add most oil rigs in a week since June -Baker Hughes (cnbc.com)
- Oil drillers in Canada boost rigs to 10-month high -Baker Hughes (feeds.reuters.com)
- GE has lots of good stuff going on – but it’s not enough to turnaround the company just yet (GE) (markets.businessinsider.com)
- Baker Hughes announces December 2017 rig counts (steelguru.com)
- Global operations chief at GE’s Baker Hughes oilfield unit resigns (nasdaq.com)
A number of equities research analysts have recently weighed in on BHI shares. Royal Bank of Canada restated a “buy” rating and issued a $38.00 price target on shares of Baker Hughes A GE in a research report on Wednesday, October 25th. Loop Capital restated a “hold” rating and issued a $37.00 price target on shares of Baker Hughes A GE in a research report on Monday, October 23rd. Finally, UBS Group assumed coverage on shares of Baker Hughes A GE in a research report on Thursday, October 19th. They issued a “hold” rating and a $36.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $56.81.
About Baker Hughes A GE
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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