Oceaneering International Receives Average Recommendation of “Buy” from Analysts (NYSE:OII)
Oceaneering International (NYSE:OII) has been given an average recommendation of “Buy” by the fifteen brokerages that are covering the company, Analyst RN reports. Six research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $90.33.
Oceaneering International (NYSE:OII) opened at 72.92 on Wednesday. Oceaneering International has a 52-week low of $66.00 and a 52-week high of $87.64. The stock has a 50-day moving average of $75.12 and a 200-day moving average of $72.76. The company has a market cap of $7.875 billion and a P/E ratio of 20.29.
Separately, analysts at Global Hunter Securities cut their price target on shares of Oceaneering International from $79.00 to $78.00 in a research note on Wednesday.
Oceaneering International, Inc is a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications.
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