Barclays Keeps Their Hold Rating on Oceaneering International

In a report issued on April 27, David Anderson from Barclays maintained a Hold rating on Oceaneering International (NYSE: OII), with a price target of $20. The company’s shares closed on Friday at $21.42.

According to TipRanks.com, Anderson is a 1-star analyst with an average return of -1.5% and a 42.9% success rate. Anderson covers the Basic Materials sector, focusing on stocks such as Ranger Energy Services Inc, Mammoth Energy Services, and Schlumberger Limited.

Currently, the analyst consensus on Oceaneering International is Hold and the average price target is $18.37, representing a -14.2% downside.

In a report issued on April 13, Cowen & Co. also reiterated a Hold rating on the stock with a $18 price target.

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The company has a one-year high of $27.55 and a one-year low of $17.11. Currently, Oceaneering International has an average volume of 1.36M.

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Oceaneering International, Inc. engages in the provision of engineered services and products. It operates through the following segments: Remotely Operated Vehicles, Subsea Products, Subsea Projects, and Asset Integrity.