Share Tip: Gulf Marine Services – The Q3 Trading Update Was Positive And Guided Higher, Shares Now 18.90p With Brokers Looking For 30p

Yesterday’s Q3 Trading Update from Gulf Marine Services (LON:GMS) showed continuing growth in turnover and profitability. 

Following on from recent contract wins the group, which is a leading provider of advanced self-propelled, self-elevating support vessels serving the offshore oil, gas and renewables industries, has inspired broking analysts to increase their Price Objectives for the group’s shares. 

The Business 

The business was established in Abu Dhabi in 1977 and has subsequently become a world-leading provider of advanced self-propelled self-elevating support v...

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