Bristow stock is trading -27.72% below its average target price of $39.5 after dropping -1.7% during today's morning session. Analysts are giving the small-cap Integrated Freight & Logistics company an average rating of buy and target prices ranging from $39.0 to $40.0 per share.
The stock has an average amount of shares sold short at 3.3%, and a short ratio of 2.45. 2.51% of the corporation's outstanding shares are owned by its managers and directors, indicating a strong degree of alignment between their interests and those of other shareholders. Finally, we also note that a significant number of institutional investors are invested in the stock, with 95.6% of Bristow's shares being owned by this investor type.
Institutions Invested in Bristow
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | South Dakota Investment Council | 20% | 5,666,954 | $161,791,532 |
| 2023-03-31 | Blackrock Inc. | 14% | 3,798,870 | $108,457,735 |
| 2023-03-31 | Solus Alternative Asset Management LP | 13% | 3,754,983 | $107,204,761 |
| 2023-03-31 | Vanguard Group, Inc. (The) | 6% | 1,738,684 | $49,639,426 |
| 2023-03-31 | Empyrean Capital Partners, LP | 6% | 1,592,000 | $45,451,598 |
| 2023-03-31 | Adage Capital Partners GP L.L.C. | 4% | 1,104,015 | $31,519,627 |
| 2023-03-31 | State Street Corporation | 3% | 918,705 | $26,229,027 |
| 2023-03-31 | Taconic Capital Advisors Lp | 3% | 906,832 | $25,890,052 |
| 2023-03-31 | Dimensional Fund Advisors LP | 3% | 791,366 | $22,593,498 |
| 2023-03-31 | Newtyn Management, Llc | 2% | 559,413 | $15,971,240 |
Besides an analyst consensus of strong upside potential, other market factors point to there being positive market sentiment on Bristow.
