Anti-trust issues cleared for Baker Hughes, GE merger

Posted June 26, 2017

Below is a list of Baker Hughes Incorporated (NYSE:BHI) latest ratings and price target changes.

Other equities analysts also recently issued reports about the company.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. The stock increased 1.13% or $0.63 during the last trading session, reaching $56.16. Stockholders of record on Monday, May 8th were given a dividend of $0.17 per share. Nwq Investment Management Company Llc owns 1.16 million shares or 0.6% of their United States portfolio. Old Mutual Customised Solutions (Proprietary) Limited owns 0.48% invested in Gilead Sciences, Inc. Baker Hughes had a negative return on equity of 5.64% and a negative net margin of 27.82%.

Analysts await Baker Hughes Incorporated (NYSE:BHI) to report earnings on July, 27. After $-0.04 actual earnings per share reported by Baker Hughes Incorporated for the previous quarter, Wall Street now forecasts 200.00% negative EPS growth.

Baker Hughes (NYSE:BHI) last announced its earnings results on Tuesday, April 25th. They expect $-0.12 earnings per share, up 86.67% or $0.78 from last year's $-0.9 per share. If you are viewing this news story on another domain, it was illegally copied and reposted in violation of USA and global copyright law. Finally, The Manufacturers Life Insurance Company bought a new stake in Baker Hughes during the third quarter worth approximately $21,567,000. Evercore ISI set a $72.00 target price on Baker Hughes and gave the stock an "outperform" rating in a research report on Wednesday, April 26th. RBC Capital Markets maintained it with "Buy" rating and $7200 target in Friday, May 26 report. The correct version of this piece of content can be viewed at https://www.chaffeybreeze.com/2017/06/14/nordea-investment-management-ab-cuts-stake-in-baker-hughes-incorporated-bhi-updated-updated.html. The ex-dividend date was Thursday, May 4th. As per Wednesday, August 31, the company rating was maintained by Citigroup. The company now has an average rating of Hold and an average price target of $62.02. Winch Advisory Services LLC purchased a new stake in Baker Hughes during the first quarter valued at $104,000. Two investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock.

04/26/2017 - Baker Hughes Incorporated had its " rating reiterated by analysts at Evercore ISI. BidaskClub raised Baker Hughes from a "strong sell" rating to a "sell" rating in a research report on Tuesday. Bluecrest Capital Management has invested 0.48% in Baker Hughes Incorporated (NYSE:BHI).

01/18/2017 - SunTrust began new coverage on Baker Hughes Incorporated giving the company a " rating. Receive News & Ratings for Baker Hughes Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baker Hughes Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.

GE and Baker Hughes are actively engaged in providing oilfield services to oil and gas exploration and production firms in the European Economic Area (EEA) and rest of the world.

"Competition to provide refinery chemicals and services benefits a vital sector of our economy".