Canaccord Genuity Maintains a 'Buy' on Atwood Oceanics (ATW); Slight EPS Adds on Fleet Status Update

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/16/2026

1. AMAT
2. GLOB
3. SPY
4. RDDT
5. SNDK
6. HTFL
7. ADYEN:NA
8. DVLT
9. ADYYF
10. WDAY

January 4, 2012 8:53 AM EST
Get Alerts ATW Hot Sheet
Price: $9.32 --0%

Rating Summary:
    5 Buy, 16 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Canaccord Genuity maintains a 'Buy' on Atwood Oceanics (NYSE: ATW) price target of $55.00.

Canaccord analyst, Scott Burk, said, "Short--term jackup contract. As previously announced in December, the 350' jackup Atwood Aurora received a five-month contract in West Africa at a rate of $134k/day. This is better than the $117k/day rate we had assumed, leading to the slight increase in our earnings assumptions. This contract represents another positive datapoint indicating continued strong demand for premium jackups."

For an analyst ratings summary and ratings history on Atwood Oceanics click here. For more ratings news on Atwood Oceanics click here.

Shares of Atwood Oceanics closed at $41.05 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments

Related Entities

Earnings