Transocean Ltd (Switzerland) found using ticker (RIG) now have 21 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 12 and 0.3 calculating the average target price we see 2.73. Given that the stocks previous close was at 1.42 this would imply there is a potential upside of 92.3%. The 50 day moving average now sits at 1.28 and the 200 day MA is 3.43. The company has a market cap of $960m. You can visit the company’s website by visiting: http://www.deepwater.com
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers drilling rigs, related equipment, and work crews; and ultra-deepwater and harsh environment drilling services. As of February 12, 2020, it owned or had partial ownership interests in and operated a fleet of 45 mobile offshore drilling units that consist of 28 ultra-deepwater floaters, 14 harsh environment floaters, and 3 midwater floaters. The company serves integrated oil companies or their affiliates, as well as government-controlled oil companies and independent oil companies. Transocean Ltd. is based in Steinhausen, Switzerland.