Bristow Announces Initiation of Equity Analyst Coverage by The Benchmark Company

Rhea-AI Summary

Bristow Group Inc. (NYSE: VTOL) announced on June 17, 2022, that The Benchmark Company has initiated coverage of the company, recommending a "Buy" rating. This development highlights Bristow's position as a leading provider of innovative and sustainable vertical flight solutions, primarily catering to offshore energy companies. Bristow's services also include search and rescue operations in the U.K. and various transportation services globally. The announcement reflects confidence in Bristow's business model and market potential.

Positive

• The Benchmark Company initiated coverage with a 'Buy' recommendation, indicating strong potential for growth.
• Bristow is recognized as a leading provider of innovative and sustainable vertical flight solutions.

Negative

• None.

HOUSTON, June 17, 2022 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the world's leading global provider of innovative and sustainable vertical flight solutions, today announced that an independent Wall Street equity research analyst firm, The Benchmark Company, has initiated coverage on the Company with initial "Buy" recommendations.

About Bristow Group

Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. Bristow primarily provides aviation services to a broad base of major integrated, national and independent offshore energy companies. Bristow provides commercial search and rescue (SAR) services in several countries and public sector SAR services in the United Kingdom (U.K.) on behalf of the Maritime & Coastguard Agency (MCA). Additionally, the Company offers ad hoc helicopter and fixed wing transportation services.

Bristow currently has customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, Guyana, India, Mexico, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K. and the U.S. To learn more, visit our website at www.bristowgroup.com.

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SOURCE Bristow Group

FAQ

What is the recent analyst coverage for Bristow Group (VTOL)?

On June 17, 2022, The Benchmark Company initiated coverage of Bristow Group with a 'Buy' recommendation.

Why did The Benchmark Company give a 'Buy' rating to VTOL?

The 'Buy' rating reflects confidence in Bristow Group's innovative solutions and growth potential in vertical flight services.

What services does Bristow Group offer?

Bristow provides aviation services to energy companies, including search and rescue operations and transportation services globally.