Expert Ratings For Baker Hughes
Portfolio Pulse from Benzinga Insights
Analysts have recently updated their ratings for Baker Hughes (NASDAQ:BKR), with a majority showing a bullish outlook. The average 12-month price target has increased by 5.96% to $43.73. Baker Hughes has shown strong financial performance with a 13.05% revenue growth rate and efficient cost management, though its ROE lags behind industry averages.
August 20, 2024 | 1:00 pm
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Baker Hughes has received predominantly bullish analyst ratings, with an increased average price target of $43.73. The company shows strong revenue growth and efficient cost management, though its ROE is below industry averages.
The majority of analysts have raised their ratings for Baker Hughes, indicating a positive sentiment. The increase in the average price target suggests expectations of stock price appreciation. The company's strong revenue growth and efficient cost management further support a positive outlook, although the lower ROE could be a concern for some investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100