Analysts have a consensus target price of $ 4.81 in the 12-month period. The price objective is 26.91% higher than the recent closing price of $ 3.79. The 52-week price range is $ 2.20 – 6.00 and the company has a market capitalization of $ 933.29M. Analysts covering the shares maintain a consensus Buy rating, according to Zacks Investment Research. zero analyst has rated the stock with a sell rating, 5 has assigned a hold rating, zero says it’s a buy, and 2 have assigned a strong buy rating to the company.
McDermott International (MDR) on March 21, 2016 announced that David Dickson, President and Chief Executive Officer, is scheduled to present at Scotia Howard Weil’s 44th Annual Energy Conference at the Roosevelt Hotel in New Orleans.
Mr. Dickson is scheduled to present on Monday, March 21 at 3:45 p.m. CDT. There will be no webcast.
McDermott will post the slides to be used prior to the presentation in the Investor Relations area at www.mcdermott.com.
McDermott International, Inc. provides engineering, procurement, construction and installation, and module fabrication services for upstream field developments worldwide. It operates through three segments: the Americas, Europe and Africa; the Middle East; and Asia. The company delivers fixed and floating production facilities, pipeline installations, and subsea systems from concept to commissioning for offshore and subsea oil and gas projects. Its operations include fabrication and offshore installation of fixed and floating structures; and the installation of pipelines and subsea systems, as well as provision of shallow water and deep water construction services. The company’s customers include national, integrated, and other oil and gas companies. McDermott International, Inc. was founded in 1923 and is headquartered in Houston, Texas.
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