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Enter Symbol:
 
Tidewater Inc. (TDW) [hlAlert]

Rating:
Sector Perform
TDW

Tidewater Inc. (TDW) rated Sector Perform with price target $60 by RBC Capital Mkts

Posted on: Tuesday,  Feb 8, 2011  8:25 AM ET by RBC Capital Mkts

Tidewater Inc. (NYSE: TDW) rated
Sector Perform with price target $60 by RBC Capital Mkts.

Tidewater Inc. provides offshore supply vessels and marine support services to the offshore energy industry through the operation of offshore marine service vessels. As of March 31, 2008, the Company had a total of 430 vessels, of which 10 were operated through joint ventures, 61 were stacked and 11 vessels withdrawn from service. The Company provides services supporting all phases of offshore exploration, development and production, including towing of and anchor handling of mobile drilling rigs and equipment; transporting supplies and personnel necessary to sustain drilling, workover and production activities; assisting in offshore construction activities, and a variety of specialized services, including pipe laying, cable laying and three-dimensional (3-D) seismic work. The Company operates in two segments: United States and International.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/8/2011 8:25 AM Hold
None
55.68 60.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2008 9:25 AM Hold
None
53.25 69.00
10/29/2007 9:25 AM Hold
None
57.37 75.00
7/27/2007 9:25 AM Hold
None
71.48 82.00

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