Analyst Price Target is $7.70
▲ +27.69% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Transocean in the last 3 months. The average price target is $7.70, with a high forecast of $12.00 and a low forecast of $6.00. The average price target represents a 27.69% upside from the last price of $6.03.
Current Consensus is
Hold
The current consensus among 10 contributing investment analysts is to hold stock in Transocean. This Hold consensus rating has held steady for over two years.
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. The company operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled energy companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.
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