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Enter Symbol:
 
Baker Hughes Incorporated (BHI) [hlAlert]

Rating:
Outperform
BHI
up 9.27 %

Baker Hughes Incorporated (BHI) rated Outperform by Wells Fargo

Posted on: Monday,  Sep 9, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Baker Hughes Incorporated (NYSE: BHI) on 09/09/2013, when the stock price was $49.19. Since
then, Baker Hughes Incorporated has gained 9.27% as of 10/22/2015's recent price of $53.75.
If you would have followed this Wells Fargo's recommendation on BHI, you would have gained 9.27% of your investment in 773 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).

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/9/2013 8:25 AM Buy
None
49.19
as of 12/13/2013
1 Week down  -2.08 %
1 Month down  -8.41 %
3 Months up  6.05 %
1 YTD up  7.15 %

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