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Iberia Capital upgraded Helix Energy Solutions Group Inc (NYSE:HLX) to Outperform in a report released today.

Iberia Capital has upgraded Helix Energy Solutions Group Inc(NYSE:HLX) to Outperform in a report released on Friday August 19 2016.

Just yesterday Helix Energy Solutions Group Inc (NYSE:HLX) traded 0.87% higher at $8.00. HLX’s 50-day average is $7.81 and its 200-day average is $7.02. With the last stock price close up 1.29% relative to the two hundred day average, compared with the S&P 500 which has fallen -0.01% over the same period. Trading volume was was up over the average, with 2,455,534 shares of HLX changing hands over the typical 1,687,100 shares..

See Chart Below:

Helix Energy Solutions Group Inc (NYSE:HLX)

Helix Energy Solutions Group Inc has a one-year low of $2.60 and a one-year high of $9.07 and has a market capitalization of $0.0.

A total of 11 brokers have issued a report on Helix Energy Solutions Group Inc. One analyst rate the company a strong buy, seven analysts rate the company a buy, four firms rate the company a hold, 0 rate the company to underperform, and finally 0 firmsrate the stock as sell with an average target price of $9.41

Brief Synopsis On Helix Energy Solutions Group Inc (NYSE:HLX)

Helix Energy Solutions Group, Inc. is an international offshore energy services company. The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Company operates in three segments: Well Intervention, Robotics and Production Facilities. Its Well Intervention segment includes the Company’s vessels and equipment used to perform well intervention services primarily in the Gulf of Mexico and North Sea regions. Its Robotics segment includes remotely operated vehicles (ROVs), trenchers and ROVDrills designed to complement offshore construction and well intervention services, and operates over four chartered ROV support vessels. Its Production Facilities segment includes the Helix Producer I (the HP I), a floating production vessel, the Helix Fast Response System (the HFRS), and its ownership interest in Independence Hub, and LLC (Independence Hub).

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