Morgan Stanley (NYSE:MS) analyst Connor Lynagh maintained a Buy rating on Baker Hughes Company (NYSE:BKR) on Monday, setting a price target of $30, which is approximately 17.88% above the present share price of $25.45.
Lynagh expects Baker Hughes Company to post earnings per share (EPS) of -$0.08 for the fourth quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Baker Hughes Company, with an average price target of $28.64.
The analysts price targets range from a high of $36 to a low of $21.1.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $5.14 billion and a net profit of $334 million. The company's market cap is $21.08 billion.
According to TipRanks.com, Morgan Stanley analyst Connor Lynagh is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -7.0% and a 52.17% success rate.
Texas-based Baker Hughes Co. provides a portfolio of technologies and services worldwide. The company operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS).