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GulfMark Offshore (NYSE:GLF)‘s stock had its “outperform” rating restated by stock analysts at Credit Suisse in a report issued on Tuesday. They currently have a $50.00 target price on the stock, down from their previous target price of $60.00. Credit Suisse’s price objective would indicate a potential upside of 22.01% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks upgraded shares of GulfMark Offshore from an “underperform” rating to a “neutral” rating in a research note on Monday, April 28th. They now have a $45.50 price target on the stock. Separately, analysts at Cowen and Company raised their price target on shares of GulfMark Offshore from $51.00 to $53.00 in a research note on Thursday, April 24th. Finally, analysts at Global Hunter Securities upgraded shares of GulfMark Offshore from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 23rd. They now have a $49.00 price target on the stock, up previously from $44.00. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $51.25.

GulfMark Offshore (NYSE:GLF) traded up 1.27% during mid-day trading on Tuesday, hitting $41.50. 165,108 shares of the company’s stock traded hands. GulfMark Offshore has a one year low of $39.31 and a one year high of $53.89. The stock has a 50-day moving average of $44.69 and a 200-day moving average of $44.49. The company has a market cap of $1.105 billion and a P/E ratio of 12.77.

GulfMark Offshore (NYSE:GLF) last released its earnings data on Monday, July 21st. The company reported $0.91 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.97 by $0.06. The company had revenue of $131.40 million for the quarter, compared to the consensus estimate of $133.14 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 18.0% on a year-over-year basis. On average, analysts predict that GulfMark Offshore will post $3.95 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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