Media stories about Baker Hughes A GE (NYSE:BHI) have been trending somewhat positive on Friday, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Baker Hughes A GE earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the oilfield services provider an impact score of 45.9109991306561 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- 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)
- Baker Hughes, a GE Company’s Shares Didn’t REALLY Drop 51% in 2017, but It Was Still a Bad Year (fool.com)
- Exclusive: Baker Hughes executive resigns, replacement selected (bizjournals.com)
A number of equities research analysts have weighed in on BHI shares. Royal Bank of Canada restated a “buy” rating and issued a $38.00 price objective on shares of Baker Hughes A GE in a report on Wednesday, October 25th. Loop Capital reiterated a “hold” rating and set a $37.00 price target on shares of Baker Hughes A GE in a report on Monday, October 23rd. Finally, UBS Group assumed coverage on shares of Baker Hughes A GE in a report on Thursday, October 19th. They issued a “hold” rating and a $36.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company. Baker Hughes A GE currently has an average rating of “Hold” and a consensus price target of $56.81.
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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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