Transocean (RIG)
(Delayed Data from NYSE)
$5.68 USD
0.00 (0.00%)
Updated Jul 30, 2024 04:00 PM ET
After-Market: $5.65 -0.03 (-0.53%) 7:58 PM ET
3-Hold of 5 3
D Value F Growth F Momentum F VGM
Transocean (RIG) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$7.33 | $12.00 | $5.50 | 29.05% |
Price Target
Based on short-term price targets offered by 12 analysts, the average price target for Transocean comes to $7.33. The forecasts range from a low of $5.50 to a high of $12.00. The average price target represents an increase of 29.05% from the last closing price of $5.68.
Analyst Price Targets (12)
Broker Rating
Transocean currently has an average brokerage recommendation (ABR) of 2.21 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 14 brokerage firms. The current ABR compares to an ABR of 2.31 a month ago based on 13 recommendations.
Of the 14 recommendations deriving the current ABR, seven are Strong Buy, representing 50% of all recommendations. A month ago, Strong Buy represented 46.15%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 6 | 6 | 6 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 5 | 5 | 5 | 5 | 5 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 2.21 | 2.21 | 2.31 | 2.31 | 2.31 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
5/1/2024 | Evercore Partners | James C West | Not Available | Strong Buy |
4/30/2024 | The Benchmark Company | Kurt Hallead | Strong Buy | Strong Buy |
4/8/2024 | Susquehanna Financial Group | Charles P Minervino | Hold | Strong Buy |
4/1/2024 | Cowen & Co. | Mark Bianchi | Hold | Hold |
3/15/2024 | Capital One Securities | Douglas L Becker | Hold | Hold |
3/11/2024 | Piper Sandler | Luke M Lemoine | Hold | Hold |
2/22/2024 | Not Identified | Not Identified | Hold | Hold |
2/21/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
2/19/2024 | Clarksons Platou Securities | Fredrik Stene | Strong Buy | Strong Buy |
1/7/2024 | BTIG | Gregory Lewis | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.21 |
ABR (Last week) | 2.21 |
# of Recs in ABR | 14 |
Average Target Price | $7.33 |
LT Growth Rate | 32.60% |
Industry | Oil and Gas - Drilling |
Industry Rank by ABR | 208 of 252 |
Current Quarter EPS Est: | -0.08 |