Bristow Group Inc (NYSE:BRS) shot up 6.4% during mid-day trading on Tuesday . The company traded as high as $9.05 and last traded at $9.02. 618,332 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 537,785 shares. The stock had previously closed at $8.48.

A number of research firms have issued reports on BRS. Zacks Investment Research downgraded shares of Bristow Group from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. BidaskClub downgraded shares of Bristow Group from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Cowen and Company set a $7.00 price target on shares of Bristow Group and gave the company a “hold” rating in a report on Friday, October 6th. ValuEngine upgraded shares of Bristow Group from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Finally, Barclays PLC restated a “hold” rating and set a $10.00 price target on shares of Bristow Group in a report on Friday, August 11th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $12.60.

The company has a debt-to-equity ratio of 0.94, a current ratio of 1.32 and a quick ratio of 0.99.

In other Bristow Group news, insider Jonathan Baliff purchased 6,500 shares of the business’s stock in a transaction dated Friday, August 18th. The shares were acquired at an average price of $7.70 per share, for a total transaction of $50,050.00. Following the acquisition, the insider now owns 67,344 shares of the company’s stock, valued at $518,548.80. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.00% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of the stock. Louisiana State Employees Retirement System grew its stake in Bristow Group by 0.8% in the 2nd quarter. Louisiana State Employees Retirement System now owns 13,100 shares of the oil and gas company’s stock valued at $100,000 after buying an additional 100 shares during the last quarter. Arizona State Retirement System grew its stake in Bristow Group by 0.6% in the 2nd quarter. Arizona State Retirement System now owns 16,693 shares of the oil and gas company’s stock valued at $128,000 after buying an additional 100 shares during the last quarter. Texas Permanent School Fund grew its stake in Bristow Group by 1.2% in the 2nd quarter. Texas Permanent School Fund now owns 23,399 shares of the oil and gas company’s stock valued at $179,000 after buying an additional 276 shares during the last quarter. Capstone Asset Management Co. grew its stake in Bristow Group by 2.4% in the 2nd quarter. Capstone Asset Management Co. now owns 17,796 shares of the oil and gas company’s stock valued at $136,000 after buying an additional 410 shares during the last quarter. Finally, Public Employees Retirement System of Ohio grew its stake in Bristow Group by 4.5% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 14,584 shares of the oil and gas company’s stock valued at $112,000 after buying an additional 634 shares during the last quarter.

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Bristow Group Company Profile

Bristow Group Inc is an industrial aviation services provider and helicopter service provider to the offshore energy industry. The Industrial Aviation Services segment’s operations are conducted primarily through four regions: Europe Caspian, Africa, Americas and Asia Pacific. The Europe Caspian region consists of all its operations and affiliates in Europe and Central Asia, including Norway, the United Kingdom and Turkmenistan.

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