Transocean Ltd (Switzerland) which can be found using ticker (RIG) now have 12 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 12 and 3.5 calculating the average target price we see $6.73. Given that the stocks previous close was at $6.03 this is indicating there is a potential upside of 11.6%. There is a 50 day moving average of $6.63 and the 200 day moving average is $4.37. The company has a market cap of $4,325m. Company Website: https://www.deepwater.com
The potential market cap would be $4,827m 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.
