Published On: Wed, Oct 19th, 2016

McDermott International, Inc. (NYSE:MDR) Latest Broker Views


A number of investment brokers have recently updated their price targets on shares of McDermott International, Inc. (NYSE:MDR).

Most recent broker ratings

09/22/2016 – McDermott International, Inc. had its “outperform” rating reiterated by analysts at Imperial Capital. They now have a USD 7 price target on the stock.

05/24/2016 – Sterne Agee began new coverage on McDermott International, Inc. giving the company a “neutral” rating.

04/19/2016 – McDermott International, Inc. had its “underweight” rating reiterated by analysts at Morgan Stanley. They now have a USD 4 price target on the stock.

04/04/2016 – McDermott International, Inc. was downgraded to “neutral” by analysts at Credit Suisse. They now have a USD 4.04 price target on the stock.

03/28/2016 – McDermott International, Inc. was upgraded to “sector outperform” by analysts at Scotiabank.

03/14/2016 – McDermott International, Inc. had its “neutral” rating reiterated by analysts at D.A. Davidson. They now have a USD 4 price target on the stock.

02/23/2016 – McDermott International, Inc. had its “neutral” rating reiterated by analysts at UBS. They now have a USD 2.75 price target on the stock.

01/15/2016 – McDermott International, Inc. had its “neutral” rating reiterated by analysts at Citigroup. They now have a USD 3 price target on the stock.

11/10/2015 – McDermott International, Inc. had its “market perform” rating reiterated by analysts at William Blair. They now have a USD 5.5 price target on the stock.

10/08/2015 – McDermott International, Inc. was downgraded to “hold” by analysts at Vertical Research.

08/27/2015 – McDermott International, Inc. had its “buy” rating reiterated by analysts at Cowen. They now have a USD 7 price target on the stock.

08/12/2015 – McDermott International, Inc. had its “buy” rating reiterated by analysts at Deutsche Bank.

05/05/2015 – McDermott International, Inc. was downgraded to “sell” by analysts at Zacks.

04/23/2015 – McDermott International, Inc. had its “equal weight” rating reiterated by analysts at Barclays. They now have a USD 5 price target on the stock.

01/05/2015 – McDermott International, Inc. was upgraded to “overweight” by analysts at Johnson Rice.

The share price of McDermott International, Inc. (NYSE:MDR) was up +4.86% during the last day of trading, with a day high of 5.41. 2197479 shares were traded during the last session.

The stock’s 50 day moving average is 5.04 and its 200 day moving average is 4.78. The stock’s market capitalization is 1.30B. McDermott International, Inc. has a 52-week low of 2.20 and a 52-week high of 6.00.

McDermott International, Inc. is a provider of integrated engineering, procurement, construction and installation (EPCI), front-end engineering and design (FEED) and module fabrication services for upstream field developments across the world. The Company delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning for offshore and subsea oil and gas projects. It operates through three segments: the Americas, Europe and Africa (AEA), the Middle East (MEA) and Asia (ASA). As of December 31, 2016, operated in approximately 20 countries across the Americas, Europe, Africa, the Middle East, Asia and Australia, its integrated resources include a diversified fleet of marine vessels, fabrication facilities and engineering offices. It support its activities with project management and procurement services, while utilizing its fully integrated capabilities in both shallow water and deepwater construction.