Bristow Group (NYSE:BRS) Neutral Rating Maintained Today By Credit Suisse; The Target is Set to $13

August 9, 2018 - By Margaret Guttierez

Bristow Group Inc. (NYSE:BRS) Logo

Investors sentiment increased to 1.24 in 2018 Q1. Its up 0.46, from 0.78 in 2017Q4. It increased, as 12 investors sold Bristow Group Inc. shares while 37 reduced holdings. 23 funds opened positions while 38 raised stakes. 35.48 million shares or 4.08% less from 36.99 million shares in 2017Q4 were reported.

Bancorp Of America Corp De holds 0% in Bristow Group Inc. (NYSE:BRS) or 49,961 shares. Ariel Ltd Llc, a Illinois-based fund reported 10.09M shares. Laurion Mgmt Limited Partnership invested in 0.02% or 173,904 shares. Legal General Gp Pcl has 0% invested in Bristow Group Inc. (NYSE:BRS). State Street owns 1.17M shares or 0% of their US portfolio. Engineers Gate Manager Lp has invested 0.05% in Bristow Group Inc. (NYSE:BRS). Jpmorgan Chase invested in 613,692 shares. 450 are held by Earnest Limited. Mason Street Advsr Ltd Com accumulated 8,931 shares. Stratos Wealth accumulated 100 shares. Ohio-based Public Employees Retirement Sys Of Ohio has invested 0% in Bristow Group Inc. (NYSE:BRS). Ameritas Inv Prtnrs holds 2,689 shares. Moreover, Macquarie Ltd has 0% invested in Bristow Group Inc. (NYSE:BRS). Alliancebernstein Lp accumulated 72,654 shares. 234,614 were accumulated by Acadian Asset Limited Liability Corp.

Since March 15, 2018, it had 2 buys, and 0 insider sales for $75,760 activity. Miller L. Don bought $25,159 worth of stock or 2,000 shares.

Bristow Group (NYSE:BRS) Rating Reaffirmed

The financial company has just set a target of $13 on Bristow Group (NYSE:BRS) shares. This is 13.94 % from the last stock price. In a report revealed to investors on 8 August, Credit Suisse reiterated their Neutral rating on shares of BRS.

The stock decreased 3.39% or $0.4 during the last trading session, reaching $11.41. About 151,044 shares traded. Bristow Group Inc. (NYSE:BRS) has risen 65.13% since August 9, 2017 and is uptrending. It has outperformed by 52.56% the S&P500.

Analysts await Bristow Group Inc. (NYSE:BRS) to report earnings on November, 14. They expect $-0.36 earnings per share, down 9.09 % or $0.03 from last year’s $-0.33 per share. After $-0.82 actual earnings per share reported by Bristow Group Inc. for the previous quarter, Wall Street now forecasts -56.10 % EPS growth.

Bristow Group Inc. provides industrial aviation services to the offshore energy companies in Europe Caspian, Africa, the Americas, and the Asia Pacific. The company has market cap of $408.08 million. The firm offers helicopter transportation services to transport personnel between onshore bases and offshore production platforms, drilling rigs, and other installations, as well as to transport time-sensitive equipment to these offshore locations. It currently has negative earnings. It also provides search and rescue services for gas and oil industry, and governmental agencies; and aircraft support services.

Another recent and important Bristow Group Inc. (NYSE:BRS) news was published by Seekingalpha.com which published an article titled: “Bristow Group Inc. (BRS) CEO Jonathan Baliff on Q1 2019 Results – Earnings Call Transcript” on August 03, 2018.

Bristow Group Inc. (NYSE:BRS) Institutional Positions Chart

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