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Cameron International (NYSE:CAM) has earned an “A-” credit rating from Morningstar. The credit rating agency’s “A-” rating suggests that the company is a low default risk. They also issued a negative credit outlook for the company and gave their stock a three star rating.

Several other analysts have also recently commented on the stock. 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 equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $78.30.

Cameron International (NYSE:CAM) opened at 73.80 on Thursday. Cameron International has a 52 week low of $52.50 and a 52 week high of $74.89. The stock’s 50-day moving average is $72.0 and its 200-day moving average is $66.2. The company has a market cap of $14.974 billion and a P/E ratio of 22.35.

Cameron International (NYSE:CAM) last announced its earnings results on Thursday, July 24th. The company reported $1.00 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.79 earnings per share. Cameron International’s revenue was up 19.6% compared to the same quarter last year. On average, analysts predict that Cameron International will post $4.15 earnings per share for the current fiscal year.

In other Cameron International news, General Counsel William C. Lemmer sold 18,039 shares of the company’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $74.50, for a total value of $1,343,905.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

To view more credit ratings from Morningstar, visit www.morningstar.com.

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