53% Of Vetr Top Raters Don't Like Seadrll

Shares of Seadrill Ltd SDRL were trading down more than 20 percent on Tuesday afternoon, accompanying the decline of other offshore drillers. This likely led Vetr’s top raters to turn increasingly bearish on the stock.

Related link: Here's How Crowdsourced Ratings Can Beat The Market

On Tuesday, Vetr top raters downgraded shares of Seadrill from 5.0 Stars to 4.0 Stars -- out of a possible 5.0 Stars. It should also be noted that 53 percent of the crowd's ratings are bearish, even though their price target of $6.69 implies an upside of more than 26 percent.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.