Transocean Ltd (Switzerland) with ticker code (RIG) now have 12 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 12 and 3.5 calculating the mean target price we have $6.56. Given that the stocks previous close was at $6.68 this now indicates there is a potential downside of -1.8%. There is a 50 day moving average of $6.43 and the 200 day MA is $4.30. The total market capitalization for the company now stands at $4,575m. Visit the company website at: https://www.deepwater.com
The potential market cap would be $4,493m based on the market concensus.
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.
