Report
EUR 13.25 For Business Accounts Only

An unfavourable environment weighs on MCDERMOTT INTL.INCO., which sees a downgrade to Negative

The independent financial analyst theScreener just requalified the general evaluation of MCDERMOTT INTL.INCO. (US), active in the Oil Equipment & Services industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Negative. As of the analysis date November 19, 2019, the closing price was USD 0.56 and its target price was estimated at USD 0.49.
Underlying
McDermott International Inc.

McDermott International is a provider of engineering, procurement, construction and installation and technology solutions to the energy industry. The company designs and builds end-to-end infrastructure and technology solutions to transport and transform oil and gas into a variety of products. The company's proprietary technologies and solutions are utilized for offshore, subsea, power, liquefied natural gas and downstream energy projects around the world. The company's business is organized into five operating groups, which represent its reportable segments, consisting of: North, Central and South America; Europe, Africa, Russia and Caspian; the Middle East and North Africa; Asia Pacific; and Technology.

Provider
TheScreener
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