Bristow Group (NYSE:BRS) had its target price raised by Credit Suisse Group from $8.00 to $14.00 in a research note issued to investors on Monday morning. They currently have a neutral rating on the oil and gas company’s stock.

Other research analysts also recently issued reports about the company. Zacks Investment Research raised Bristow Group from a hold rating to a buy rating and set a $16.00 target price on the stock in a report on Monday, December 11th. Barclays lifted their price objective on Bristow Group from $10.00 to $16.00 and gave the stock an equal weight rating in a research report on Tuesday, November 14th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $13.25.

Bristow Group (NYSE BRS) opened at $16.56 on Monday. The company has a market capitalization of $585.65, a PE ratio of -3.37 and a beta of 3.15. Bristow Group has a twelve month low of $6.21 and a twelve month high of $18.14. The company has a current ratio of 1.45, a quick ratio of 1.09 and a debt-to-equity ratio of 0.88.

Bristow Group (NYSE:BRS) last announced its earnings results on Thursday, February 8th. The oil and gas company reported ($0.52) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.65) by $0.13. The firm had revenue of $345.53 million for the quarter, compared to the consensus estimate of $354.10 million. Bristow Group had a negative return on equity of 7.91% and a negative net margin of 12.13%. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.29) EPS. equities analysts anticipate that Bristow Group will post -3.37 earnings per share for the current fiscal year.

In other Bristow Group news, insider Jonathan Baliff acquired 2,000 shares of the stock in a transaction dated Thursday, November 30th. The stock was purchased at an average cost of $14.84 per share, with a total value of $29,680.00. Following the transaction, the insider now owns 69,344 shares in the company, valued at approximately $1,029,064.96. The acquisition was disclosed in a filing with the SEC, which is available at this link. Company insiders own 10.00% of the company’s stock.

Hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio raised its position in shares of Bristow Group by 4.5% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 14,584 shares of the oil and gas company’s stock worth $112,000 after acquiring an additional 634 shares in the last quarter. HighTower Advisors LLC bought a new position in shares of Bristow Group in the 2nd quarter worth about $126,000. Voya Investment Management LLC raised its position in shares of Bristow Group by 21.9% in the 2nd quarter. Voya Investment Management LLC now owns 16,965 shares of the oil and gas company’s stock worth $130,000 after acquiring an additional 3,043 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new position in shares of Bristow Group in the 4th quarter worth about $146,000. Finally, Crossmark Global Holdings Inc. bought a new position in shares of Bristow Group in the 3rd quarter worth about $167,000.

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Bristow Group Company Profile

Bristow Group Inc is an industrial aviation services provider and helicopter service provider to the offshore energy industry. The Industrial Aviation Services segment’s operations are conducted primarily through four regions: Europe Caspian, Africa, Americas and Asia Pacific. The Europe Caspian region consists of all its operations and affiliates in Europe and Central Asia, including Norway, the United Kingdom and Turkmenistan.

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