Breaking Down Oceaneering International: 4 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Four analysts have recently shared their views on Oceaneering International (NYSE:OII), with sentiments ranging from bullish to indifferent. The average 12-month price target for OII is now $28.5, marking a 23.91% increase from the previous target of $23.00. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting their perspectives on the company's performance and market conditions. Oceaneering International, serving various industries including offshore energy and defense, has shown impressive revenue growth and ROE, but faces challenges in net margin and debt management.
April 26, 2024 | 5:00 pm
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Oceaneering International has received mixed analyst ratings, with an updated average 12-month price target of $28.5, indicating a potential upside. The company's strong revenue growth and ROE are positive, but challenges in net margin and high debt levels may concern investors.
The updated average price target suggests analysts see potential upside for OII, reflecting optimism. However, the mixed ratings and concerns over net margin and debt management indicate a cautious outlook. The strong revenue growth and ROE are key positives that could drive short-term interest in the stock, but investors may weigh the financial risks.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100