Analyst Price Target is $35.86
▲ +14.56% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for Baker Hughes in the last 3 months. The average price target is $35.86, with a high forecast of $43.00 and a low forecast of $29.00. The average price target represents a 14.56% upside from the last price of $31.30.
Current Consensus is
The current consensus among 16 polled investment analysts is to buy stock in Baker Hughes. This Buy consensus rating has held steady for over two years.
Baker Hughes Co. is a holding company. The firm engages in the provision of oilfield products, services, and digital solutions. It operates through the following segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS) and Digital Solutions (DS). The OFS segment provides products and services for on and offshore operations across the lifecycle of a well, ranging from drilling, evaluation, completion, production, and intervention. The OFE segment provides a broad portfolio of products and services required to facilitate the safe and reliable flow of hydrocarbons from the subsea wellhead to the surface production facilities. The TPS segment provides equipment and related services for mechanical-drive, compression and power-generation applications. The DS segment provides operating technologies helping to improve the health, productivity, and safety of asset intensive industries and enable the Industrial Internet of Things. The company was founded in April 1987 and is headquartered in Houston, TX.