Baker Hughes Trading Volume Surges 44% to $454 Million, Ranks 325th Despite 9.04% Stock Decline

On April 3, 2025, Baker Hughes (BKR) saw a significant increase in trading volume, with a turnover of $454 million, marking a 44% rise from the previous day. This surge placed BKR at the 325th position in terms of trading volume for the day. However, despite the high trading volume, the stock price of Baker Hughes experienced a decline of 9.04%.

RBC Capital maintained a Buy rating on Baker Hughes Company (BKR), setting a price target of $53.00. This rating comes from analyst Mackey, who is recognized as a 5-star analyst with an average return of 19.9% and a success rate of 58.92%. Mackey's focus is on the Energy sector, with particular attention to stocks such as Atlas Energy Solutions, Baker Hughes Company, and Schlumberger.

The overall analyst consensus for Baker Hughes Company is a Strong Buy, with an average price target of $54.10. This target suggests a potential 20.76% upside from current levels. Additionally, Barclays also maintained a Buy rating on the stock with a price target of $54.00, further supporting the positive outlook for BKR.