Transocean Ltd (Switzerland) which can be found using ticker (RIG) have now 12 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 12 and 4 calculating the average target price we see $6.90. Now with the previous closing price of $6.43 this is indicating there is a potential upside of 7.3%. The day 50 moving average is $6.74 and the 200 moving average now moves to $4.48. The market capitalization for the company is $4,655m. Company Website: https://www.deepwater.com
The potential market cap would be $4,995m 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.
