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Gulfmark Offshore (NYSE:GLF) was upgraded by research analysts at EVA Dimensions LLC from an “underweight” rating to an “overweight” rating in a report released on Tuesday, American Banking News.com reports.

GLF has been the subject of a number of other recent research reports. Analysts at ISI Group downgraded shares of Gulfmark Offshore from a “buy” rating to a “neutral” rating in a research note on Monday, January 13th. Analysts at Barclays raised their price target on shares of Gulfmark Offshore from $58.00 to $63.00 in a research note on Tuesday, December 17th. They now have an “overweight” rating on the stock. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Gulfmark Offshore presently has an average rating of “Buy” and an average target price of $52.74.

Shares of Gulfmark Offshore (NYSE:GLF) traded up 4.24% during mid-day trading on Tuesday, hitting $44.30. 173,232 shares of the company’s stock traded hands. Gulfmark Offshore has a 52 week low of $34.49 and a 52 week high of $53.89. The stock’s 50-day moving average is $42.81 and its 200-day moving average is $47.70. The company has a market cap of $1.160 billion and a P/E ratio of 27.76.

Gulfmark Offshore (NYSE:GLF) last announced its earnings results on Monday, February 24th. The company reported $0.97 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.95 by $0.02. On average, analysts predict that Gulfmark Offshore will post $4.38 earnings per share for the current fiscal year.

GulfMark Offshore, Inc provides offshore marine services primarily to companies involved in the offshore exploration and production of oil and natural gas.

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