Bristow Group Inc (BRS) : The consensus on Bristow Group Inc (BRS) based on 4 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Bristow Group Inc (BRS) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $20 and the lowest price target forecast is $12. The average forecast of all the analysts is $15.33 and the expected standard deviation is $4.16.
Also, Brokerage firm Capital One Financial downgrades its rating on Bristow Group Inc (NYSE:BRS). The shares have been rated Equal-weight. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on August 16, 2016.
Bristow Group Inc (NYSE:BRS): After opening at $11.15, the stock dipped to an intraday low of $11.04 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $11.71 and the buying power remained strong till the end. The stock closed at $11.47 for the day, a gain of 3.43% for the day session. The total traded volume was 868,682. The stocks close on the previous trading day was $11.09.
Bristow Group Inc. is a provider of helicopter services to the offshore energy industry with global operations. The Company has transportation operations in the North Sea, Nigeria and the United States Gulf of Mexico, and in most of the other offshore energy producing regions of the world, including Australia, Brazil, Canada, Russia and Trinidad. It provides private sector search and rescue (SAR) services in Australia, Canada, Norway, Russia and Trinidad, and provides public sector SAR services in North Scotland on behalf of the Maritime & Coastguard Agency. It conducts its business in the Helicopter Services segment. Its Helicopter Services segment operations are conducted primarily through five business units: Europe, West Africa, North America, Australia and Other International. It provides helicopter services to a base of integrated, national and independent offshore energy companies. It also operates a training business unit, Bristow Academy and provides technical services.