Radware Ltd. (RDWR) Is At $23.72 Formed Wedge; 5 Analysts Are Bullish McDermott International, Inc. (MDR) Last Week

McDermott International, Inc. (NYSE:MDR) Logo

Among 12 analysts covering McDermott International (NYSE:MDR), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. McDermott International had 33 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of McDermott International, Inc. (NYSE:MDR) has “Neutral” rating given on Wednesday, July 27 by Citigroup. The firm has “Hold” rating by Deutsche Bank given on Wednesday, October 26. The rating was maintained by UBS with “Neutral” on Friday, November 3. Imperial Capital maintained McDermott International, Inc. (NYSE:MDR) rating on Thursday, September 17. Imperial Capital has “Outperform” rating and $7 target. The stock of McDermott International, Inc. (NYSE:MDR) earned “Hold” rating by KeyBanc Capital Markets on Thursday, October 5. The company was maintained on Tuesday, April 19 by Morgan Stanley. The firm has “Overweight” rating by KeyBanc Capital Markets given on Tuesday, December 20. The firm earned “Neutral” rating on Tuesday, May 24 by Sterne Agee CRT. The stock has “Hold” rating by KeyBanc Capital Markets on Friday, November 10. The rating was maintained by Deutsche Bank on Thursday, February 22 with “Hold”. See McDermott International, Inc. (NYSE:MDR) latest ratings:

22/02/2018 Broker: Alembic Rating: Buy New Target: $10.5 Maintain
22/02/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $7.3 New Target: $8.8 Maintain
22/02/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $9.3 New Target: $8.3 Maintain
25/01/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $8 New Target: $10 Maintain
24/01/2018 Broker: KeyBanc Capital Markets Old Rating: Sector Weight New Rating: Overweight Upgrade
20/12/2017 Broker: Morgan Stanley Rating: Sell

Radware Ltd. (RDWR) formed wedge up with $25.85 target or 9.00% above today’s $23.72 share price. Radware Ltd. (RDWR) has $1.06B valuation. The stock increased 0.64% or $0.15 during the last trading session, reaching $23.72. About 146,250 shares traded. Radware Ltd. (NASDAQ:RDWR) has risen 33.27% since May 11, 2017 and is uptrending. It has outperformed by 21.72% the S&P500.

Among 9 analysts covering Radware (NASDAQ:RDWR), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Radware had 29 analyst reports since July 29, 2015 according to SRatingsIntel. Needham maintained the shares of RDWR in report on Thursday, February 4 with “Buy” rating. The company was maintained on Wednesday, October 7 by Needham. The firm has “Buy” rating by Jefferies given on Wednesday, August 2. The firm has “Outperform” rating given on Wednesday, July 29 by Imperial Capital. The firm has “Market Perform” rating by Wells Fargo given on Tuesday, October 6. The firm has “Outperform” rating by Imperial Capital given on Thursday, October 8. The firm earned “Buy” rating on Tuesday, September 12 by Needham. The rating was upgraded by Oppenheimer on Friday, November 11 to “Outperform”. The stock of Radware Ltd. (NASDAQ:RDWR) earned “In-Line” rating by Imperial Capital on Tuesday, February 6. The stock has “Buy” rating by Oppenheimer on Wednesday, August 2.

More important recent McDermott International, Inc. (NYSE:MDR) news were published by: Globenewswire.com which released: “McDermott Completes Combination with CB&I” on May 10, 2018, also Bizjournals.com published article titled: “Exclusive: McDermott eyes new Houston headquarters after merger closes”, Streetinsider.com published: “McDermott (MDR) Completes Reverse Stock Split, Announces Completion of Exchange Offer for CB&I (CBI)” on May 10, 2018. More interesting news about McDermott International, Inc. (NYSE:MDR) was released by: Globenewswire.com and their article: “McDermott and CB&I Stockholders Approve Proposed Combination” with publication date: May 02, 2018.

Investors sentiment increased to 1.48 in Q4 2017. Its up 0.32, from 1.16 in 2017Q3. It increased, as 16 investors sold McDermott International, Inc. shares while 72 reduced holdings. 52 funds opened positions while 78 raised stakes. 265.26 million shares or 9.10% more from 243.14 million shares in 2017Q3 were reported. Gotham Asset Management Ltd Llc stated it has 862,321 shares or 0.08% of all its holdings. 1,500 were reported by Highlander Cap Mgmt Limited Liability. Smithfield Trust invested 0% of its portfolio in McDermott International, Inc. (NYSE:MDR). Hsbc Public Ltd accumulated 53,092 shares. Suntrust Banks Incorporated holds 0% of its portfolio in McDermott International, Inc. (NYSE:MDR) for 29,514 shares. Capstone Advsrs Ltd Liability invested 0% of its portfolio in McDermott International, Inc. (NYSE:MDR). Massachusetts Svcs Ma reported 155,618 shares. Oppenheimer accumulated 26,800 shares or 0% of the stock. Point72 Asia (Hong Kong) Limited invested in 8,179 shares. Zebra Capital Management Llc holds 0.25% in McDermott International, Inc. (NYSE:MDR) or 112,307 shares. Arizona State Retirement Sys reported 477,343 shares or 0.03% of all its holdings. Bronson Point Mngmt Lc invested 1.21% of its portfolio in McDermott International, Inc. (NYSE:MDR). Nordea Inv Ab holds 0.02% of its portfolio in McDermott International, Inc. (NYSE:MDR) for 1.06 million shares. Bb&T Llc has invested 0% of its portfolio in McDermott International, Inc. (NYSE:MDR). Wells Fargo Mn invested in 0% or 475,154 shares.

The stock increased 3.92% or $0.78 during the last trading session, reaching $20.7. About 13.74 million shares traded or 176.93% up from the average. McDermott International, Inc. (NYSE:MDR) has 0.00% since May 11, 2017 and is . It has underperformed by 11.55% the S&P500.

McDermott International, Inc. provides engineering, procurement, construction and installation, front-end engineering and design, and module fabrication services for upstream field developments worldwide. The company has market cap of $5.92 billion. It operates through three divisions: the Americas, Europe and Africa; the Middle East; and Asia. It has a 32.86 P/E ratio. The firm delivers fixed and floating production facilities, pipeline installations, and subsea systems from concept to commissioning for offshore and subsea gas and oil projects.

McDermott International, Inc. (NYSE:MDR) Institutional Positions Chart