Gulf Marine Services’ (GMS) “Equal weight” Rating Reaffirmed at Barclays
Gulf Marine Services (LON:GMS)‘s stock had its “equal weight” rating reaffirmed by equities research analysts at Barclays in a report released on Wednesday. They presently have a GBX 59 ($0.80) target price on the stock. Barclays’ price target points to a potential upside of 22.92% from the company’s previous close.
Separately, Numis Securities restated a “buy” rating and issued a GBX 95 ($1.29) price objective on shares of Gulf Marine Services in a report on Monday.
Gulf Marine Services (LON:GMS) traded up GBX 0.40 ($0.01) during trading on Wednesday, hitting GBX 48 ($0.65). The stock had a trading volume of 46,702 shares, compared to its average volume of 336,141. Gulf Marine Services has a 52 week low of GBX 38 ($0.52) and a 52 week high of GBX 75.95 ($1.03).
About Gulf Marine Services
Gulf Marine Services PLC is a United Kingdom-based operator of self-propelled and self-elevating support vessels (SESVs). The Company and its subsidiaries are investing in, establishing and managing commercial and industrial projects, as well as chartering and operating a fleet of vessels. The Company constructs and maintains its vessels in Abu Dhabi.
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