Helix Energy Solutions Group, Inc. (HLX) Maintains A Buy Rating

Analyst Stephen Gengaro at Jefferies & Company, Inc. has maintained a Buy rating for Helix Energy Solutions Group, Inc. (NYSE: HLX). Jefferies has maintained its price target of $15 for the Helix Energy Solutions Group, Inc, stock.

According to Jefferies, the company’s oil, and gas production finally appears to be improving. Jefferies expects Contracting Services to remain weak in the first half of this year.

The company had a loss of $0.04 per share for the fourth-quarter. Jefferies had forecast the company to make a profit of $0.04 per share for the fourth-quarter.