Shares of Bristow Group Inc (NYSE:BRS) have been given a consensus rating of “Hold” by the eight brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $14.75.

A number of research analysts have weighed in on the company. BidaskClub lowered Bristow Group from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Barclays PLC raised their price objective on Bristow Group from $10.00 to $16.00 and gave the company an “equal weight” rating in a report on Tuesday, November 14th. Zacks Investment Research lowered Bristow Group from a “buy” rating to a “hold” rating in a report on Thursday, September 7th. ValuEngine upgraded Bristow Group from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Finally, Cowen and Company set a $7.00 price objective on Bristow Group and gave the company a “hold” rating in a report on Friday, October 6th.

Shares of Bristow Group (NYSE:BRS) opened at $14.87 on Thursday. Bristow Group has a one year low of $6.21 and a one year high of $21.88. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.34 and a quick ratio of 1.02.

Bristow Group (NYSE:BRS) last released its quarterly earnings results on Wednesday, November 8th. The oil and gas company reported ($0.33) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.95) by $0.62. Bristow Group had a negative net margin of 13.31% and a negative return on equity of 7.08%. The firm had revenue of $358.00 million for the quarter, compared to analysts’ expectations of $345.87 million. During the same quarter last year, the company earned ($0.35) EPS. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. analysts expect that Bristow Group will post -3.43 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. ING Groep NV raised its holdings in shares of Bristow Group by 100.0% during the 2nd quarter. ING Groep NV now owns 320,000 shares of the oil and gas company’s stock worth $2,448,000 after acquiring an additional 160,000 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in shares of Bristow Group by 14.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 483,993 shares of the oil and gas company’s stock worth $7,362,000 after acquiring an additional 61,868 shares during the period. South Dakota Investment Council raised its holdings in shares of Bristow Group by 93.3% during the 2nd quarter. South Dakota Investment Council now owns 459,936 shares of the oil and gas company’s stock worth $3,519,000 after acquiring an additional 222,000 shares during the period. UBS Asset Management Americas Inc. purchased a new position in shares of Bristow Group during the 1st quarter worth $221,000. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Bristow Group by 14.3% during the 2nd quarter. Goldman Sachs Group Inc. now owns 128,295 shares of the oil and gas company’s stock worth $981,000 after acquiring an additional 16,036 shares during the period.

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Bristow Group Company Profile

Bristow Group Inc is an industrial aviation services provider and helicopter service provider to the offshore energy industry. The Industrial Aviation Services segment’s operations are conducted primarily through four regions: Europe Caspian, Africa, Americas and Asia Pacific. The Europe Caspian region consists of all its operations and affiliates in Europe and Central Asia, including Norway, the United Kingdom and Turkmenistan.

Analyst Recommendations for Bristow Group (NYSE:BRS)

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