Oceaneering International (NYSE:OII) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 25, 2016
Zacks Investment Research has upgraded Oceaneering International (NYSE:OII) to Hold in a statement released on 11/26/2016.
On 2/16/2016, Deutsche Bank released a statement for Oceaneering International (NYSE:OII) bumped down the target price from $69.00 to $33.00 that suggested an upside of 0.24%.
Boasting a price of $25.81, Oceaneering International (NYSE:OII) traded -0.65% lower on the day. With the last stock price close down -8.89% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Oceaneering International has recorded a 50-day average of $25.57 and a two hundred day average of $28.33. Volume of trade was down over the average, with 690,147 shares of OII changing hands under the typical 1,690,350
With a total market value of $0, Oceaneering International has price-earnings ratio of 40.45 with a one year low of $22.47 and a one year high of $44.39 .
A total of 20 equity analysts have released a research note on OII. Two equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, fourteen equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $35.02.
Brief Synopsis About Oceaneering International (NYSE:OII)
Oceaneering International, Inc. is an oilfield provider of engineered services and products to the offshore oil and gas industry, with a focus on deep water applications. The Company's business segments include services and products provided to the oil and gas industry (Oilfield), and all other services and products (Advanced Technologies). The Company's four business segments within the Oil and Gas business includes Remotely Operated Vehicles (ROVs), Subsea Products, Subsea Projects and Asset Integrity. The Company's Advanced Technologies segment provides engineering services and related manufacturing principally to the United States Department of Defense, National Aeronautics and Space Administration (NASA) and its contractors, and the commercial theme park industry. Through the Asset Integrity division, the Company provides a range of asset integrity services to customers across the world for onshore and offshore.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.