Hornbeck Offshore Services (HOS) has an average broker rating of 2.82, which is interpreted as a Hold, as rated by 11 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 10 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Hornbeck Offshore Services (HOS) : The highest short term price target forecast on Hornbeck Offshore Services (HOS) is $15 and the lowest target price is $6. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $9.11 with a standard deviation of $2.7.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the iBERIA Capital Partners downgrades the rating on Hornbeck Offshore Services (NYSE:HOS). The brokerage firm has issued a Underperform rating on the shares. The shares were previously rated Sector Perform. The rating by the firm was issued on August 5, 2016.
Hornbeck Offshore Services (NYSE:HOS): The stock opened at $5.17 and touched an intraday high of $5.4 on Wednesday. During the day, the stock corrected to an intraday low of $5.07, however, the bulls stepped in and pushed the price higher to close in the green at $5.18 with a gain of 0.78% for the day. The total traded volume for the day was 740,373. The stock had closed at $5.14 in the previous trading session.
Hornbeck Offshore Services, Inc. is a provider of marine transportation, subsea installation and accommodation support services to exploration and production, oilfield service, offshore construction and the United States military customers. The Company focuses on the provision of marine solutions to meet the needs of the deepwater and ultradeepwater energy industry in domestic and select foreign locations. The Company owns and operates a fleet of United States-flagged OSVs and MPSVs. These vessels support the deep-well, deepwater and ultra-deepwater activities of the offshore oil and gas industry. The Company operates in three core geographic markets: the Gulf of Mexico (GoM), Mexico and Brazil. The Company has operated in the Middle East, the Mediterranean Sea, the Black Sea and the Caribbean basin, including Nicaragua, Guyana, Trinidad and Venezuela. The Company also operates a shore-base support facility located in Port Fourchon, Louisiana.