Breaking Finance News

BMO Capital Markets recorded Atwood Oceanics, Inc. (NYSE:ATW), cutting its price target to $7.00 earlier today

Having a price of $9.29, Atwood Oceanics, Inc. (NYSE:ATW) traded 2.13% higher on the day. With the last stock price down -5.89% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ATW has recorded a 50-day average of $7.99 and a two hundred day average of $9.88. Trade Volume was down over the average, with 2,840,359 shares of ATW changing hands under the typical 4,081,500

Reporting a potential downside of -0.25%, BMO Capital Markets dropped the price target of Atwood Oceanics, Inc. (NYSE:ATW) to $7.00

On Wednesday September 28, 2016, Jefferies & Co released a statement about Atwood Oceanics, Inc. (NYSE:ATW) dropped the target price from $11.00 to $8.00 that suggested an upside of 0.06%.

Recent Performance Chart

Atwood Oceanics, Inc. (NYSE:ATW)

Atwood Oceanics, Inc. has PE ratio of 1.47 with a one year low of $4.82 and a one year high of $19.65 and has a market capitalization of $0.

A total of 25 brokerages have issued a ratings update on Atwood Oceanics, Inc.. Two brokerages rating the company a strong buy, five brokerages rating the company a buy, eighteen brokerages rating the company a hold, six brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $9.93.

General Company Details For Atwood Oceanics, Inc. (NYSE:ATW)

Atwood Oceanics, Inc. is an offshore drilling company engaged in the drilling and completion of exploration and development wells for the global oil and gas industry. The Company owns various types of drilling rigs, such as Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. Its Ultra-deepwater Rigs and Deepwater Semisubmersibles include Atwood Achiever, Atwood Archer, Atwood Admiral, Atwood Advantage, Atwood Condor, Atwood Eagle and Atwood Osprey. Its Jackup Rigs included Atwood Mako, Atwood Manta, Atwood Aurora, Atwood Beacon and Atwood Orca. The Atwood Mako and Atwood Manta, both approximately 400-foot water depth Pacific Class jackup rigs, are operating offshore Vietnam and offshore Thailand. The Atwood Aurora, an approximately 350-foot water depth jackup, is operating offshore West Africa. The Atwood Beacon, an approximately 400-foot water depth jackup, is operating in the Mediterranean Sea.

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