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5.91% to Target, Credit Suisse Reconfirms “Neutral” Rating for Baker Hughes (BHGE) Stock; Abm Industries (ABM) Shorts Increased By 3.48%

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EU: In analysts report sent to clients and investors on 23 April, Credit Suisse reiterated their “Neutral” rating on shares of Baker Hughes (BHGE). They currently have a $36 target price on the company. Credit Suisse’s target gives a potential upside of 5.91% from the company’s current stock price.

Abm Industries Incorporated (NYSE:ABM) had an increase of 3.48% in short interest. ABM’s SI was 5.23 million shares in April as released by FINRA. Its up 3.48% from 5.05 million shares previously. With 950,800 avg volume, 6 days are for Abm Industries Incorporated (NYSE:ABM)’s short sellers to cover ABM’s short positions. The SI to Abm Industries Incorporated’s float is 8.63%. The stock decreased 1.49% or $0.48 during the last trading session, reaching $31.75. About 518,869 shares traded. ABM Industries Incorporated (NYSE:ABM) has declined 24.34% since April 23, 2017 and is downtrending. It has underperformed by 35.89% the S&P500.

Baker Hughes, a GE company provides integrated oilfield products, services, and digital solutions worldwide. The company has market cap of $38.63 billion. The firm offers upstream services, including evaluation, drilling, production, and completion; midstream services comprising equipment and services for LNG, and pipeline and storage; and chemical, mechanical, digital, and service solutions for refinery and petrochemical operations. It currently has negative earnings. It also provides power and processing technologies for industrial applications; and control, sensing, monitoring, and inspection solutions for industrial facilities.

The stock increased 0.83% or $33.99 during the last trading session, reaching $33.99. About 8.27M shares traded or 46.62% up from the average. Baker Hughes, a GE company (BHGE) has declined 27.82% since April 23, 2017 and is downtrending. It has underperformed by 39.37% the S&P500.

Among 24 analysts covering Baker Hughes a GE company (BHGE), 12 have Buy rating, 0 Sell and 12 Hold. Therefore 50% are positive. Baker Hughes a GE company has $60 highest and $24 lowest target. $36.70’s average target is 7.97% above currents $33.99 stock price. Baker Hughes a GE company had 52 analyst reports since July 7, 2017 according to SRatingsIntel. Wells Fargo maintained Baker Hughes, a GE company (NYSE:BHGE) rating on Thursday, January 25. Wells Fargo has “Outperform” rating and $40 target. The stock of Baker Hughes, a GE company (NYSE:BHGE) has “Buy” rating given on Monday, April 2 by Bank of America. On Tuesday, April 3 the stock rating was upgraded by PiperJaffray to “Overweight”. On Thursday, January 25 the stock rating was maintained by Bank of America with “Underperform”. As per Thursday, October 19, the company rating was initiated by UBS. Barclays Capital maintained it with “Overweight” rating and $41 target in Thursday, October 26 report. The stock of Baker Hughes, a GE company (NYSE:BHGE) has “Hold” rating given on Wednesday, October 11 by BMO Capital Markets. The firm has “Neutral” rating by Susquehanna given on Monday, October 2. On Friday, October 6 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Baker Hughes, a GE company (NYSE:BHGE) has “Buy” rating given on Thursday, March 29 by Edward Jones.

ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company has market cap of $2.09 billion. It offers carpet cleaning and dusting, floor cleaning and finishing, window washing, and other building cleaning services for commercial office buildings, data centers, educational institutions, government buildings, health facilities, industrial buildings, retail stores, sport event facilities, and transportation hubs. It has a 21.76 P/E ratio. The firm also provides onsite mechanical engineering and technical services and solutions relating to a range of facilities and infrastructure systems; and parking and transportation services for clients at various locations, including commercial office buildings, educational institutions, health facilities, hotels, sport event facilities, and transportation hubs.

Since January 10, 2018, it had 0 buys, and 1 insider sale for $81,789 activity. Shares for $81,789 were sold by CHAVEZ LINDA on Wednesday, January 10.

Among 4 analysts covering ABM Industries (NYSE:ABM), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. ABM Industries had 17 analyst reports since August 31, 2015 according to SRatingsIntel. KeyBanc Capital Markets upgraded the shares of ABM in report on Monday, September 11 to “Overweight” rating. As per Wednesday, May 31, the company rating was maintained by Robert W. Baird. The rating was maintained by Robert W. Baird with “Buy” on Thursday, August 24. Robert W. Baird downgraded the shares of ABM in report on Tuesday, December 6 to “Neutral” rating. Robert W. Baird upgraded it to “Outperform” rating and $50 target in Thursday, March 9 report. The rating was maintained by Robert W. Baird with “Buy” on Monday, October 2. The company was maintained on Thursday, July 13 by Robert W. Baird. The stock of ABM Industries Incorporated (NYSE:ABM) has “Buy” rating given on Thursday, March 15 by Robert W. Baird. The company was maintained on Thursday, June 23 by Imperial Capital. The stock has “Buy” rating by Zacks on Monday, August 31.

ABM Industries Incorporated (NYSE:ABM) Institutional Positions Chart

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