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down 79.14 %

GULFMARK OFFSHORE INC (GLF) rated Overweight with price target $63 by Barclays

Posted on: Tuesday,  Dec 17, 2013  1:25 PM ET by Barclays

Barclays rated Overweight GULFMARK OFFSHORE INC (NYSE: GLF) on 12/17/2013. Previously Barclays rated Overweight GULFMARK OFFSHORE INC (NYSE: GLF) on 02/27/2013.,
when the stock price was $35.97. Since then, GULFMARK OFFSHORE INC has lost 79.15% as of 01/26/2016's recent price of $7.50.
If you would have followed the previous Barclays's recommendation on GLF, you would have lost 79.14% of your investment in 1063 days.

GulfMark Offshore, Inc. provides offshore marine services primarily to companies involved in offshore exploration and production of oil and natural gas. The Company's vessels transport materials, supplies and personnel to offshore facilities, as well as move and position drilling structures. The Company and its subsidiaries operate through three segments: the North Sea, Southeast Asia and the Americas. Offshore support vessels generally fall into seven functional classifications derived from their primary or predominant operating characteristics or capabilities: anchor handling, towing and supply vessels (AHTs), platform supply vessels (PSVs), Fast Supply or Crew Vessels (FSVs/Crewboat), specialty vessels (SpVs), standby rescue vessels (Stby), construction support vessels and utility vehicles. On July 1, 2008, the Company acquired Rigdon Marine Holdings, L.L.C. (Rigdon Holdings).

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2013 1:25 PM Buy
45.57 63.00
as of 12/13/2013
1 Week down  -6.15 %
1 Month down  -8.83 %
3 Months down  -4.65 %
1 YTD up  12.28 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/1/2013 1:25 PM Buy
41.26 48.00
2/27/2013 12:25 PM Buy
35.97 44.00

(*) Stock Price at the time of the recommendation.
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