Oceaneering International Inc.

Across the recent three months, 4 analysts have shared their insights on Oceaneering International (NYSE:OII), expressing a variety of opinions spanning from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 2 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 2 0 0 3M Ago 0 0 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $28.5, a high estimate of $34.00, and a low estimate of $22.00. Marking an increase of 23.91%, the current average surpasses the previous average price target of $23.00. Analyzing Analyst Ratings: A Detailed Breakdown The perception of Oceaneering International by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Kurt Hallead Benchmark Maintains Buy $34.00 - Kurt Hallead Benchmark Maintains Buy $34.00 - Ian Macpherson Piper Sandler Raises Neutral $24.00 $23.00 David Anderson Barclays Lowers Equal-Weight $22.00 $23.00 Key Insights: Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Oceaneering International. This insight gives a snapshot of analysts' perspectives on the current state ...Full story available on Benzinga.com

Related tickers: OII.

Oceaneering (OII) expects Subsea Robotics revenues to grow in the low to mid-teens percentage range in 2024, with a book-to-bill ratio of 1.1-1.3 for Manufactured Products.

Related tickers: HES, SUN, SM, OII.