GulfMark Offshore has been tipped to jump in value as the OSV sector continues to recover.

Clarksons Platou Securities has the stock as a buy with a target price of $65 - an upside of 125% from current levels.

Turner Holm, managing director of equity and credit research, said the restructured US company has one of the highest exposures to the North Sea OSV market, "which is in the

process of a tangible recovery."