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Analysts Offer Insights on Energy Companies: Baker Hughes Company (BKR) and Exxon Mobil (XOM)

Tipranks - Tipranks - Wed Apr 8, 6:42AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Baker Hughes Company (BKR) and Exxon Mobil (XOM) with bullish sentiments.

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Baker Hughes Company (BKR)

In a report released today, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on Baker Hughes Company, with a price target of $63.00. The company’s shares closed last Monday at $60.70.

According to TipRanks.com, Gengaro is a 5-star analyst with an average return of 20.8% and a 54.3% success rate. Gengaro covers the NA sector, focusing on stocks such as Solaris Energy Infrastructure, Oil States International, and Atlas Energy Solutions. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Baker Hughes Company with a $64.00 average price target, implying a 6.2% upside from current levels. In a report issued on March 31, BMO Capital also maintained a Buy rating on the stock with a $70.00 price target.

See today’s best-performing stocks on TipRanks >>

Exxon Mobil (XOM)

Bernstein analyst Bob Brackett maintained a Buy rating on Exxon Mobil today and set a price target of $195.00. The company’s shares closed last Monday at $163.37.

According to TipRanks.com, Brackett is a 5-star analyst with an average return of 19.4% and a 65.1% success rate. Brackett covers the NA sector, focusing on stocks such as Conocophillips, Expand Energy, and EOG Resources. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Exxon Mobil with a $160.95 average price target, which is a 0.2% upside from current levels. In a report issued on March 23, TipRanks – DeepSeek also upgraded the stock to Buy with a $178.00 price target.

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