Lowering Baker Hughes FVE on Fresh Look at Company
We are lowering our Baker Hughes fair value estimate from $39 per share to $32 after taking a fresh look at the company. This lower fair value estimate comes from lower expectations for the company across the board. This puts our expectations for the company more in line with our expectations for its peers. Likewise, we now assess Baker Hughes’ shares as overvalued by about 15%, which is roughly in line with our view for peers. Our no-moat rating for Baker Hughes remains in place.A good part of...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.