The latest price target for Transocean (NYSE:RIG) was reported by Susquehanna on November 1, 2024. The analyst firm set a price target for $6.50 expecting RIG to rise to within 12 months (a possible 45.41% upside). 19 analyst firms have reported ratings in the last year.

The latest analyst rating for Transocean (NYSE:RIG) was provided by Susquehanna, and Transocean maintained their positive rating.

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.

The last downgrade for Transocean Ltd happened on October 15, 2024 when Benchmark changed their price target from N/A to N/A for Transocean Ltd.

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 November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.

While ratings are subjective and will change, the latest Transocean (RIG) rating was a maintained with a price target of $7.00 to $6.50. The current price Transocean (RIG) is trading at is $4.47, which is out of the analyst’s predicted range.