SEACOR Marine Holdings (SMHI) Receives a Hold from Evercore ISI

By Ryan Adsit

Evercore ISI analyst James West maintained a Hold rating on SEACOR Marine Holdings (SMHIResearch Report) today and set a price target of $10.00. The company’s shares closed last Monday at $11.76, close to its 52-week low of $10.52.

According to TipRanks.com, West is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -8.9% and a 31.9% success rate. West covers the Basic Materials sector, focusing on stocks such as Solaris Oilfield Infrastructure, Independence Contract Drilling, and Diamond Offshore Drilling.

The word on The Street in general, suggests a Hold analyst consensus rating for SEACOR Marine Holdings.

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The company has a one-year high of $18.21 and a one-year low of $10.52. Currently, SEACOR Marine Holdings has an average volume of 34.81K.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SMHI in relation to earlier this year.

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Seacor Marine Holdings, Inc. engages in the provision of offshore marine business. It offers global marine and support transportation services to offshore oil & gas exploration, development, and production facilities.