Oil States International (OIS) Receives Price Target

Oil States International (OIS) : Currently there are 11 street experts covering Oil States International (OIS) stock. The most bullish and bearish price target for the stock is $45 and $27 respectively for the short term. The average price target of all the analysts comes to $35.55. The estimated standard deviation from the target is $6.88.

Oil States International (OIS) has an average broker rating of 2.18, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Also, Morgan Stanley initiates coverage on Oil States International (NYSE:OIS) The shares have been rated Equal-weight. The rating by the firm was issued on August 11, 2016.

Oil States International (NYSE:OIS): The stock opened at $30.86 on Thursday but the bulls could not build on the opening and the stock topped out at $30.86 for the day. The stock traded down to $30.06 during the day, due to lack of any buying support eventually closed down at $30.61 with a loss of -1.32% for the day. The stock had closed at $31.02 on the previous day. The total traded volume was 672,173 shares.

Oil States International, Inc. (Oil States) through its subsidiaries, is a provider of specialty products and services to oil and natural gas companies throughout the world. The Company operates in active oil and natural gas producing regions, including onshore and offshore United States, Canada, West Africa, the North Sea, South America and Southeast and Central Asia. The Company operates in two segments: offshore products and well site services. The Companys products and services include flexible bearings and advanced connection systems; casing and conductor connections and pipe; subsea pipeline products; compact ball valves, manifold system components and diverter valves; marine winches, mooring systems, cranes and other heavy-lift rig equipment; production, workover, completion and drilling riser systems, among others. The Company also offers well site services.

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