RBC Capital analyst Kurt Hallead maintained a Hold rating on Oil States International (OIS) on December 18 and set a price target of $6.00. The company’s shares closed last Monday at $4.90.
According to TipRanks.com, Hallead has 0 stars on 0-5 stars ranking scale with an average return of -9.5% and a 32.6% success rate. Hallead covers the Industrial Goods sector, focusing on stocks such as Independence Contract Drilling, Oceaneering International, and Ncs Multistage Holdings.
Currently, the analyst consensus on Oil States International is a Hold with an average price target of $6.00, which is a 26.3% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $7.00 price target.
See today’s analyst top recommended stocks >>
Oil States International’s market cap is currently $315.5M and has a P/E ratio of -0.50. The company has a Price to Book ratio of 0.66.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Oil States International, Inc. engages in the provision of specialty products and services to drilling, completion, subsea, production, and infrastructure sectors of the oil and gas industry. It operates through the following segments: Well Site Services, Downhole Technologies and Offshore or Manufactured Products. The Well Site Services segment consists of completion and drilling services such equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its life cycle focuses on completion-focused equipment and services as well as land drilling services. The Downhole Technologies segment provides oil and gas perforation systems and downhole tools in support of completion, intervention, wireline and abandonment operations. The Offshore or Manufactured Products segment designs, manufactures, and markets capital equipment utilized on floating production systems, subsea pipeline infrastructure, and offshore drilling rigs and vessels, along with short-cycle and other products. The company was founded in July 1995 and is headquartered in Houston, TX.
