News articles about Baker Hughes, a GE company Class A (NASDAQ:BHGE) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Baker Hughes, a GE company Class A earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 44.9096560980975 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news articles that may have effected Accern Sentiment’s rankings:

Shares of Baker Hughes, a GE company Class A (BHGE) opened at 36.93 on Thursday. The stock has a 50 day moving average price of $34.59 and a 200 day moving average price of $48.97. The stock’s market cap is $15.81 billion. Baker Hughes, a GE company Class A has a 12 month low of $32.43 and a 12 month high of $68.59.

Baker Hughes, a GE company Class A (NASDAQ:BHGE) last posted its earnings results on Friday, July 28th. The company reported ($0.11) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.27). The business had revenue of $2.40 billion for the quarter, compared to analysts’ expectations of $2.35 billion. Baker Hughes, a GE company Class A’s revenue was down .2% on a year-over-year basis. During the same quarter last year, the firm earned ($0.90) earnings per share. Equities analysts anticipate that Baker Hughes, a GE company Class A will post $0.43 EPS for the current fiscal year.

A number of equities research analysts have issued reports on BHGE shares. Cowen and Company reissued a “buy” rating and set a $55.00 price target on shares of Baker Hughes, a GE company Class A in a research report on Tuesday, July 11th. Zacks Investment Research raised Baker Hughes, a GE company Class A from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research report on Monday, July 10th. Jefferies Group LLC reissued a “hold” rating and set a $40.00 price target on shares of Baker Hughes, a GE company Class A in a research report on Sunday, September 10th. HSBC Holdings plc started coverage on Baker Hughes, a GE company Class A in a research report on Thursday, July 13th. They set a “buy” rating and a $48.00 price target for the company. Finally, Argus started coverage on Baker Hughes, a GE company Class A in a research report on Sunday, August 27th. They set a “buy” rating for the company. Three analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $43.62.

COPYRIGHT VIOLATION WARNING: This story was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another publication, it was stolen and republished in violation of United States and international trademark & copyright laws. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/09/28/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-baker-hughes-a-ge-company-class-a-bhge-share-price.html.

In other Baker Hughes, a GE company Class A news, Director John G. Rice bought 5,000 shares of the stock in a transaction on Wednesday, August 2nd. The shares were purchased at an average cost of $35.37 per share, with a total value of $176,850.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $176,850. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Lorenzo Simonelli bought 6,100 shares of the stock in a transaction on Friday, August 18th. The shares were acquired at an average cost of $32.99 per share, for a total transaction of $201,239.00. Following the completion of the transaction, the insider now directly owns 9,139 shares of the company’s stock, valued at $301,495.61. The disclosure for this purchase can be found here. Insiders have acquired 13,901 shares of company stock worth $476,796 over the last three months.

Insider Buying and Selling by Quarter for Baker Hughes, a GE company Class A (NASDAQ:BHGE)

Receive News & Stock Ratings for Baker Hughes a GE company Class A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baker Hughes a GE company Class A and related stocks with our FREE daily email newsletter.