Goldman Sachs Upgrades Oceaneering Intl (OII) to Conviction Buy
Tweet
Share
E-mail
Get Alerts OII Hot Sheet
Price: $51.82 -1.65%
Rating Summary:
13 Buy, 17 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 12 | New: 19
Rating Summary:
13 Buy, 17 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 12 | New: 19
Join SI Premium – FREE
Goldman Sachs upgraded Oceaneering Intl (NYSE: OII) to Conviction Buy with a price target of $66 (up from $57).
The firm cited great leverage to rising deepwater drilling and construction activity, as well as enhanced deepwater safety practices. Goldman also said the consensus EPS estimates for 2012 and 2013 are too low.
For an analyst ratings summary and ratings history on Oceaneering Intl click here. For more ratings news on Oceaneering Intl click here.
Shares of Oceaneering Intl closed at $52.74 yesterday.
The firm cited great leverage to rising deepwater drilling and construction activity, as well as enhanced deepwater safety practices. Goldman also said the consensus EPS estimates for 2012 and 2013 are too low.
For an analyst ratings summary and ratings history on Oceaneering Intl click here. For more ratings news on Oceaneering Intl click here.
Shares of Oceaneering Intl closed at $52.74 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Deutsche Bank Upgrades Target Hospitality (TH) to Buy
- Seaport Global Securities Upgrades Analog Devices (ADI) to Buy, 'appears to be entering the sweet part of the cycle'
- Eclat Textile Co Ltd (1476:TT) PT Lowered to NT$547 at Macquarie
Create E-mail Alert Related Categories
Analyst PT Change, Hot Upgrades, UpgradesRelated Entities
Goldman Sachs Conviction Buy List, Goldman SachsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
