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Cameron International (NYSE:CAM)’s share price reached a new 52-week high during trading on Tuesday , Stock Ratings News reports. The stock traded as high as $74.89 and last traded at $73.84, with a volume of 1,029,391 shares. The stock had previously closed at $74.33.

A number of analysts have recently weighed in on CAM shares. Analysts at Morgan Stanley raised their price target on shares of Cameron International from $75.00 to $80.00 in a research note on Monday, July 28th. Separately, analysts at Howard Weil raised their price target on shares of Cameron International from $70.00 to $81.00 in a research note on Monday, July 28th. They now have a “sector outperform” rating on the stock. Finally, analysts at Raymond James reiterated a “strong-buy” rating on shares of Cameron International in a research note on Friday, July 25th. They now have a $87.00 price target on the stock, up previously from $83.00. Six analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $78.30.

The stock’s 50-day moving average is $71.65 and its 200-day moving average is $65.94. The company has a market cap of $14.976 billion and a price-to-earnings ratio of 22.52.

Cameron International (NYSE:CAM) last released its earnings data on Thursday, July 24th. The company reported $1.00 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.87 by $0.13. The company had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.56 billion. During the same quarter in the prior year, the company posted $0.79 earnings per share. The company’s quarterly revenue was up 19.6% on a year-over-year basis. Analysts expect that Cameron International will post $4.15 EPS for the current fiscal year.

Cameron International Corporation provides flow equipment products, systems and services to worldwide oil, gas and process industries.

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