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Baker Hughes Incorporated (BHI) [hlAlert]

Rating:
Buy BHI
up 17.20 %

Baker Hughes Incorporated (BHI) rated Buy by Jefferies

Posted on: Wednesday,  Jun 5, 2013  8:25 AM ET by Jefferies

Jefferies rated Buy Baker Hughes Incorporated (NYSE: BHI) on 06/05/2013, when the stock price was $45.86. Since
then, Baker Hughes Incorporated has gained 17.20% as of 10/22/2015's recent price of $53.75.
If you would have followed this Jefferies's recommendation on BHI, you would have gained 17.2% of your investment in 869 days.

Baker Hughes Incorporated (Baker Hughes) is engaged in the oilfield services industry. The Company is a supplier of wellbore related products and technology services, including products and services for drilling, formation evaluation, completion and production and reservoir technology and consulting to the worldwide oil and natural gas industry. The Company operates through two segments: the Drilling and Evaluation segment, and the Completion and Production segment. In April 2008, the Company acquired two reservoir consulting firms, Gaffney, Cline & Associates (GCA) and GeoMechanics International (GMI).

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/5/2013 8:25 AM Buy
None
45.86
as of 12/13/2013
1 Week down  -2.08 %
1 Month down  -8.41 %
3 Months up  6.05 %
1 YTD up  14.93 %

(*) Stock Price at the time of the recommendation.
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