Goldman Sachs Resumes Bristow Group (BRS) at Neutral

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Goldman Sachs resumes coverage on Bristow Group (NYSE: BRS) with a Neutral rating and $50 price target.

The firm said the high yield versus peers could appeal to income oriented. And while the company has limited pricing power, momentum in the offshore market provides ample opportunity for the company to increase scale which could drive flows and dividend growth.

For an analyst ratings summary and ratings history on Bristow Group click here. For more ratings news on Bristow Group click here.

Shares of Bristow Group closed at $39.70 yesterday, with a 52 week range of $37.98-$52.89.

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