Baker-Hughes, Inc. (BHI)
Our continued favorable view of Baker Hughes (BHI - Analyst Report) shares reflects the company's limited exposure to the weak North American natural gas market, its leading product-centric asset portfolio with a strong international presence, and excellent financial health.
While the operating environment remains challenging worldwide, the hardest-hit region is the onshore U.S. market due to its natural gas-centric orientation. Of the large-cap service players, Baker Hughes has the least exposure to this market.
Despite these positive attributes, the stock remains cheap on most conventional valuation metrics. Our current target price is $50 per share.
|
|
|
Share |
RSS |
Rate Pos |
Rate Neg |
Comment |
|
|
||||||
- Free Four Zacks #1 Rank "Strong Buy" Stocks
- Free Timely Market Commentary
- Free Wealth Management Tips
- Free Profitable Strategy Screens
- Free Bull and Bear Stocks of the Day
Loading Stories...Most Popular on Zacks.com
More Zacks Resources
More Zacks Links
| Market Summary | Nov 21, 2009 19:53 pm ET |

Sponsored Links 
-1.68 %
[CLICK TO CLOSE X]