Transocean Ltd (Switzerland) with ticker code (RIG) have now 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 4 calculating the mean target price we have $6.85. Now with the previous closing price of $5.91 this would imply there is now a potential upside of 15.9%. The 50 day moving average now sits at $6.63 and the 200 day MA is $4.37. The market cap for the company is $4,164m. 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.
