Jefferies Starts Oil States International (OIS) at Buy

Jefferies initiates coverage on Oil States International (NYSE: OIS) with a Buy. PT $95.00.

The firm comments, "While OIS' product and service lines are some of the more diversified of any of the oil services companies we cover, we believe the broad diversification provides stability for the company with significant upside potential both domestically and internationally. Specifically, we believe OIS will continue to benefit from its high margin, growing Canadian and Australian Accommodations businesses, as well as continued growth in NAM land and offshore development activity."

For an analyst ratings summary and ratings history on Oil States International click here. For more ratings news on Oil States International click here.

Shares of Oil States International closed at $67.91 yesterday.

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