Oil States International, Inc. (NYSE:OIS) has been given a $36.00 price objective by analysts at BMO Capital Markets in a research note issued on Thursday. The brokerage currently has a “hold” rating on the stock. BMO Capital Markets’ price target points to a potential downside of 7.93% from the company’s current price.

Several other analysts have also recently commented on the stock. Loop Capital reiterated a “buy” rating and set a $44.00 target price (up previously from $34.00) on shares of Oil States International in a research report on Friday, December 23rd. Zacks Investment Research upgraded shares of Oil States International from a “sell” rating to a “hold” rating in a research report on Wednesday, October 26th. J P Morgan Chase & Co upgraded shares of Oil States International from a “neutral” rating to an “overweight” rating and set a $42.00 target price for the company in a research report on Wednesday, December 7th. Morgan Stanley upgraded shares of Oil States International from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $40.00 to $53.00 in a research report on Wednesday, October 26th. Finally, Wolfe Research upgraded shares of Oil States International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, December 7th. Eight research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $36.06.

Analyst Recommendations for Oil States International (NYSE:OIS)

Shares of Oil States International (NYSE:OIS) traded up 0.38% during mid-day trading on Thursday, hitting $39.25. The company had a trading volume of 159,401 shares. The company’s market capitalization is $2.02 billion. The firm’s 50-day moving average price is $38.23 and its 200 day moving average price is $32.76. Oil States International has a one year low of $21.44 and a one year high of $41.75.

Oil States International (NYSE:OIS) last posted its quarterly earnings data on Thursday, October 27th. The company reported ($0.19) earnings per share for the quarter, topping the consensus estimate of ($0.23) by $0.04. Oil States International had a negative net margin of 4.56% and a negative return on equity of 2.12%. Analysts predict that Oil States International will post ($0.87) earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This article was originally posted by Daily Political and is owned by of Daily Political. If you are reading this article on another publication, it was copied illegally and republished in violation of US and international copyright & trademark legislation. The original version of this article can be read at http://www.dailypolitical.com/2017/01/13/bmo-capital-markets-analysts-give-oil-states-international-inc-ois-a-36-00-price-target.html.

In other news, CEO Cindy B. Taylor sold 12,786 shares of the stock in a transaction dated Monday, December 12th. The shares were sold at an average price of $40.85, for a total transaction of $522,308.10. Following the completion of the transaction, the chief executive officer now directly owns 499,832 shares in the company, valued at approximately $20,418,137.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Philip Scott Moses sold 4,000 shares of the stock in a transaction dated Tuesday, December 27th. The stock was sold at an average price of $40.00, for a total transaction of $160,000.00. Following the transaction, the vice president now owns 45,717 shares of the company’s stock, valued at $1,828,680. The disclosure for this sale can be found here. Insiders own 1.83% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. Nisa Investment Advisors LLC increased its position in Oil States International by 0.5% in the second quarter. Nisa Investment Advisors LLC now owns 21,930 shares of the company’s stock worth $721,000 after buying an additional 100 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in Oil States International by 1.9% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 10,800 shares of the company’s stock worth $341,000 after buying an additional 200 shares in the last quarter. LS Investment Advisors LLC increased its position in Oil States International by 8.1% in the third quarter. LS Investment Advisors LLC now owns 3,279 shares of the company’s stock worth $104,000 after buying an additional 245 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its position in Oil States International by 1.5% in the third quarter. Municipal Employees Retirement System of Michigan now owns 23,060 shares of the company’s stock worth $728,000 after buying an additional 340 shares in the last quarter. Finally, Comerica Bank increased its position in Oil States International by 1.5% in the second quarter. Comerica Bank now owns 38,376 shares of the company’s stock worth $1,229,000 after buying an additional 566 shares in the last quarter.

Oil States International Company Profile

Oil States International, Inc, through its subsidiaries, is a provider of specialty products and services to oil and natural gas companies throughout the world. The Company’s segments include offshore products and well site services. It designs and manufactures a number of products for the offshore energy industry through Offshore Products segments.

5 Day Chart for NYSE:OIS

Receive News & Ratings for Oil States International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oil States International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.