Cameron International Corp. Lowered to “Neutral” at ISI Group (CAM)
Cameron International Corp. (NYSE:CAM) was downgraded by investment analysts at ISI Group from a “strong-buy” rating to a “neutral” rating in a note issued to investors on Monday, TheFlyOnTheWall.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital downgraded shares of Cameron International Corp. from a “top pick” rating to an “outperform” rating in a research note to investors on Wednesday, January 8th. They now have a $68.00 price target on the stock, up previously from $64.00. Separately, analysts at Cowen and Company downgraded shares of Cameron International Corp. from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday, January 7th. They now have a $62.00 price target on the stock, down previously from $68.00. Finally, analysts at Barclays raised their price target on shares of Cameron International Corp. from $77.00 to $82.00 in a research note to investors on Tuesday, December 17th. They now have an “overweight” rating on the stock. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $67.48.
Shares of Cameron International Corp. (NYSE:CAM) opened at 58.69 on Monday. Cameron International Corp. has a 52 week low of $52.50 and a 52 week high of $67.42. The stock’s 50-day moving average is $57.67 and its 200-day moving average is $58.58. The company has a market cap of $13.961 billion and a P/E ratio of 20.91.
Cameron International Corporation, provides flow equipment products, systems and services to worldwide oil, gas and process industries.
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