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

Rating:
Hold BHI

Baker Hughes Incorporated (BHI) rated Hold with price target $90 by Canaccord Genuity

Posted on: Tuesday,  Jul 26, 2011  9:25 AM ET by Canaccord Genuity

Baker Hughes Incorporated (NYSE: BHI)
rated Hold with price target $90 by Canaccord Genuity.

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).

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2011 9:25 AM Hold
None
80.89 90.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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