McDermott International
McDermott International, Inc.,is a diversified energy services company. One of its three business segments concentrates on offshore oil and gas construction. It offers front-end design and detailed engineering, fabrication, and installation of offshore drilling and production facilities; and installation of marine pipelines and sub sea production systems. It also provides project management and procurement services. The company’s stock price has fluctuated this year, starting at about $59, dropping to about $42, rising to about $66, before closing recently at $54. A covered calls position is available for MDO with August expiration and the position has a potential return of 3.8%.
Analysts'
Recommendation: | Strong Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $74 |
| Members' Target: | |
| Analysts' Targets |
| Soleil Group | $70 |
| Buy |
Wednesday, May 28, 2008
|
| Citigroup | $79 |
| Underperform |
Thursday, March 06, 2008
|
$42.95 (08/05/08)
