Transocean Ltd (Switzerland) which can be found using ticker (RIG) have now 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 12 and 4 with the average target price sitting at $6.85. Now with the previous closing price of $6.20 and the analysts are correct then we can expect a percentage increase in value of 10.5%. It’s also worth noting that there is a 50 day moving average of $6.67 and the 200 moving average now moves to $4.39. The company has a market cap of $4,889m. Find out more information at: https://www.deepwater.com
The potential market cap would be $5,401m based on the market consensus.
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. It serves integrated energy companies, government-owned or government-controlled energy companies, and other independent energy companies. Transocean Ltd. was founded in 1926 and is based in Steinhausen, Switzerland.
The company is not paying dividends at this time.
