KeyBanc Maintains a Buy Rating on Team Inc


KeyBanc analyst Tahira Afzal maintained a Buy rating on Team Inc (NYSE: TISI) today and set a price target of $24. The company’s shares closed yesterday at $22.25.

Afzal has an average return of 7.8% when recommending Team Inc.

According to TipRanks.com, Afzal is ranked #805 out of 4827 analysts.

Currently, the analyst consensus on Team Inc is a Moderate Buy with an average price target of $24.

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Based on Team Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $17.85 million. In comparison, last year the company had a GAAP net loss of $11.09 million.

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Team, Inc. engages in the provision of specialty industrial services, including inspection, engineering assessment and mechanical repair and remediation required in maintaining high temperature and high pressure piping systems and vessels that are utilized extensively in the refining, petrochemical, power, pipeline and other heavy industries.

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