Gulf Marine Services (GMS) Earns “Buy” Rating from Numis Securities
Gulf Marine Services (LON:GMS)‘s stock had its “buy” rating reaffirmed by investment analysts at Numis Securities in a research note issued on Monday. They currently have a GBX 95 ($1.29) price objective on the stock. Numis Securities’ price objective would suggest a potential upside of 93.09% from the stock’s current price.
Separately, Barclays reaffirmed an “equal weight” rating and issued a GBX 59 ($0.80) target price on shares of Gulf Marine Services in a research report on Wednesday, September 20th.
Gulf Marine Services (LON GMS) opened at GBX 49.20 ($0.67) on Monday. Gulf Marine Services has a 52-week low of GBX 38 ($0.52) and a 52-week high of GBX 75.95 ($1.03).
Gulf Marine Services PLC is a United Kingdom-based operator of self-propelled and self-elevating support vessels (SESVs). The Company and its subsidiaries are investing in, establishing and managing commercial and industrial projects, as well as chartering and operating a fleet of vessels. The Company constructs and maintains its vessels in Abu Dhabi.
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