$5.78
-0.03[-0.52%]
At close: Apr 23
$5.78
0[0.00%]
PreMarket: 8:37AM EDT
Transocean
(NYSE:RIG)Transocean Stock (NYSE:RIG), Analyst Ratings, Price Targets, Predictions
Transocean Ltd has a consensus price target of $7.46, established from looking at the 36 latest analyst ratings. The last 3 analyst ratings were released from B of A Securities, Susquehanna, and Piper Sandler on April 15, 2024, April 8, 2024, and March 11, 2024. With an average price target of $7 between B of A Securities, Susquehanna, and Piper Sandler, there's an implied 21.11% upside for Transocean Ltd from these 3 analyst ratings.
Analyst Firms Making Recommendations1
B of A Securities
Susquehanna
Piper Sandler
Morgan Stanley
Barclays
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Transocean
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/15/2024 | RIG | Buy Now | Transocean | $5.78 | 3.81% | B of A Securities | Chase Mulvehill | $5.5 → $6 | Maintains | Underperform | Get Alert |
| 04/08/2024 | RIG | Buy Now | Transocean | $5.78 | 55.71% | Susquehanna | Charles Minervino | $5.5 → $9 | Upgrade | Neutral → Positive | Get Alert |
| 03/11/2024 | RIG | Buy Now | Transocean | $5.78 | 3.81% | Piper Sandler | Ian Macpherson | $7 → $6 | Maintains | Neutral | Get Alert |
| 02/26/2024 | RIG | Buy Now | Transocean | $5.78 | 21.11% | Morgan Stanley | Daniel Kutz | $8 → $7 | Maintains | Equal-Weight | Get Alert |
| 02/22/2024 | RIG | Buy Now | Transocean | $5.78 | 3.81% | Barclays | David Anderson | $7 → $6 | Maintains | Equal-Weight | Get Alert |
| 02/21/2024 | RIG | Buy Now | Transocean | $5.78 | 21.11% | Citigroup | Scott Gruber | $9 → $7 | Maintains | Buy | Get Alert |
| 02/21/2024 | RIG | Buy Now | Transocean | $5.78 | -4.84% | Susquehanna | Charles Minervino | $6.5 → $5.5 | Maintains | Neutral | Get Alert |
| 11/28/2023 | RIG | Buy Now | Transocean | $5.78 | 38.41% | Capital One | Doug Becker | → $8 | Initiates | → Overweight | Get Alert |
| 11/01/2023 | RIG | Buy Now | Transocean | $5.78 | 29.76% | Susquehanna | Charles Minervino | $9 → $7.5 | Maintains | Neutral | Get Alert |
| 10/17/2023 | RIG | Buy Now | Transocean | $5.78 | 55.71% | Morgan Stanley | Connor Lynagh | $8 → $9 | Maintains | Equal-Weight | Get Alert |
| 09/15/2023 | RIG | Buy Now | Transocean | $5.78 | 107.61% | Benchmark | Kurt Hallead | → $12 | Reiterates | Buy → Buy | Get Alert |
| 09/12/2023 | RIG | Buy Now | Transocean | $5.78 | 81.66% | Citigroup | Scott Gruber | $9.5 → $10.5 | Maintains | Buy | Get Alert |
| 08/14/2023 | RIG | Buy Now | Transocean | $5.78 | 21.11% | Piper Sandler | Luke Lemoine | $5 → $7 | Maintains | Neutral | Get Alert |
| 08/07/2023 | RIG | Buy Now | Transocean | $5.78 | 21.11% | Barclays | David Anderson | $6 → $7 | Maintains | Equal-Weight | Get Alert |
| 08/02/2023 | RIG | Buy Now | Transocean | $5.78 | 107.61% | Benchmark | Kurt Hallead | → $12 | Reiterates | Buy → Buy | Get Alert |
| 08/02/2023 | RIG | Buy Now | Transocean | $5.78 | 55.71% | Susquehanna | Charles Minervino | $7.5 → $9 | Maintains | Neutral | Get Alert |
| 08/01/2023 | RIG | Buy Now | Transocean | $5.78 | 107.61% | Benchmark | Kurt Hallead | → $12 | Reiterates | Buy → Buy | Get Alert |
| 07/28/2023 | RIG | Buy Now | Transocean | $5.78 | 107.61% | BTIG | Greg Lewis | $10 → $12 | Maintains | Buy | Get Alert |
| 07/06/2023 | RIG | Buy Now | Transocean | $5.78 | 38.41% | Morgan Stanley | Connor Lynagh | $8 → $8 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
FAQ
What is the target price for Transocean (RIG)?
The latest price target for Transocean (NYSE: RIG) was reported by B of A Securities on April 15, 2024. The analyst firm set a price target for $6.00 expecting RIG to rise to within 12 months (a possible 3.81% upside). 20 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Transocean (RIG)?
The latest analyst rating for Transocean (NYSE: RIG) was provided by B of A Securities, and Transocean maintained their underperform rating.
When was the last upgrade for Transocean (RIG)?
The last upgrade for Transocean Ltd happened on April 8, 2024 when Susquehanna raised their price target to $9. Susquehanna previously had a neutral for Transocean Ltd.
When was the last downgrade for Transocean (RIG)?
There is no last downgrade for Transocean.
When is the next analyst rating going to be posted or updated for Transocean (RIG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Transocean, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Transocean was filed on April 15, 2024 so you should expect the next rating to be made available sometime around April 15, 2025.
Is the Analyst Rating Transocean (RIG) correct?
While ratings are subjective and will change, the latest Transocean (RIG) rating was a maintained with a price target of $5.50 to $6.00. The current price Transocean (RIG) is trading at is $5.78, which is within the analyst’s predicted range.
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