Bristow Group Inc (NYSE:BRS) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.5 by 4 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Barclays upgrades its view on Bristow Group Inc (NYSE:BRS) according to the research report released by the firm to its investors. The shares have now been rated Overweight by the stock experts at the ratings house. Earlier, the shares had a rating of Equal-weight. Barclays lowers the price target from $22 per share to $20 per share on Bristow Group Inc. The rating by the firm was issued on June 6, 2016.
Bristow Group Inc (NYSE:BRS) should head towards $17.67 per share according to 3 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $15 per share. The higher price estimate target is at $20 according to the Analysts.
Bristow Group Inc (NYSE:BRS) witnessed a decline in the market cap on Tuesday as its shares dropped 5.21% or 0.77 points. After the session commenced at $14.51, the stock reached the higher end at $14.8188 while it hit a low of $13.45. With the volume soaring to 1,341,410 shares, the last trade was called at $14.02. The company has a 52-week high of $54.65. The company has a market cap of $490 million and there are 34,978,397 shares in outstanding. The 52-week low of the share price is $10.81.
Bristow Group, Inc. has lost 7.7% in the last five trading days and dropped 3.49% in the last 4 weeks. Bristow Group, Inc. has dropped 24.9% during the last 3-month period . Year-to-Date the stock performance stands at -45.36%.
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.