Published On: Wed, Oct 19th, 2016

Mitcham Industries, Inc. (NASDAQ:MIND) – Broker Update

Below are the most recently updated broker updates which include ratings and price targets for Mitcham Industries, Inc. (NASDAQ:MIND).

11/03/2015 – Broker: Seaport Global Securities Rating: neutral downgrade

09/23/2015 – Broker: Sidoti Rating: buy New Target: 6 upgrade

05/12/2015 – Broker: Zacks Rating: hold upgrade

03/13/2015 – Broker: Global Hunter Securities Rating: accumulate New Target: 6 reiteration

04/04/2014 – Broker: TheStreet Rating: hold downgrade

The average price target from the most recent broker reports is 6.00

The stock increased +3.96% (+0.13) during the last days session, reaching 3.41 and roughly 10347 shares were bought or sold by traders. Mitcham Industries, Inc. (NASDAQ:MIND) has decreased by -15.59% over 12 months.

Mitcham Industries, Inc. is a provider of equipment to the geophysical, oceanographic and hydrographic industries. The Company operates through two segments. The Equipment Leasing segment is primarily engaged in the leasing of seismic equipment to companies in the oil and gas industry across the world. The Equipment Manufacturing and Sales segment is engaged in the design, production and sale of marine seismic equipment, and oceanographic and hydrographic equipment. Its leasing business includes Mitcham Canada ULC, Seismic Asia Pacific Pty Ltd., Mitcham Seismic Eurasia LLC, Mitcham Europe Ltd. and Mitcham Marine Leasing Pte. Ltd. The Equipment Manufacturing and Sales Segment includes its Seamap International Holdings Pte, Ltd. (Seamap) business and Klein Marine Systems, Inc. (Klein). Seamap designs, manufactures and sells a range of products for the seismic, hydrographic and offshore industries. Klein develops and manufactures high performance side scan sonar systems.