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Barclays Reaffirms Their Hold Rating on Oceaneering International (OII)

Tipranks - Tipranks - Tue Feb 24, 4:04AM CST

In a report released today, Eddie Kim from Barclays maintained a Hold rating on Oceaneering International, with a price target of $32.00.

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According to TipRanks, Kim is a 3-star analyst with an average return of 3.8% and a 45.69% success rate. Kim covers the Energy sector, focusing on stocks such as Liberty Energy, Helmerich & Payne, and Noble Corporation.

Oceaneering International has an analyst consensus of Hold, with a price target consensus of $30.00.

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Based on Oceaneering International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $668.57 million and a net profit of $177.65 million. In comparison, last year the company earned a revenue of $713.45 million and had a net profit of $56.1 million

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