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

Rating:
Perform BHI
down 32.99 %

Baker Hughes Incorporated (BHI) rated Perform with price target $58 by Oppenheimer

Posted on: Thursday,  Mar 12, 2015  8:25 AM ET by Oppenheimer

Oppenheimer rated Perform Baker Hughes Incorporated (NYSE: BHI) on 03/12/2015. Previously Oppenheimer rated Buy Baker Hughes Incorporated (NYSE: BHI) on 12/04/2007.,
when the stock price was $80.22. Since then, Baker Hughes Incorporated has lost 33.00% as of 10/22/2015's recent price of $53.75.
If you would have followed the previous Oppenheimer's recommendation on BHI, you would have lost 32.99% of your investment in 2879 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).

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/12/2015 8:25 AM Buy
None
60.32 58.00
as of 8/27/2015
1 Week up  4.65 %
1 Month down  -14.53 %
3 Months down  -17.93 %
1 YTD down  -2.73 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/3/2014 8:25 AM Buy
None
57.67 71.00
12/4/2007 9:25 AM Buy
None
80.22 106.00

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