Consensus Rating1
Neutral
Highest Price Target1
$12.00
Lowest Price Target1
$4.50
Consensus Price Target1
$6.85

Transocean (NYSE:RIG) Stock, Analyst Ratings, Price Targets, Forecasts

Transocean Ltd has a consensus price target of $6.85 based on the ratings of 15 analysts. The high is $12 issued by BTIG on July 28, 2023. The low is $4.5 issued by Barclays on December 18, 2024. The 3 most-recent analyst ratings were released by Barclays, JP Morgan, and Susquehanna on December 18, 2024, December 6, 2024, and November 1, 2024, respectively. With an average price target of $5.33 between Barclays, JP Morgan, and Susquehanna, there's an implied 53.69% upside for Transocean Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Sep
2
Oct
0
0
0
0
Nov
1
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.7
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
JP Morgan
Susquehanna
Morgan Stanley
Evercore ISI Group

1calculated from analyst ratings

Analyst Ratings for Transocean

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FAQ

Q

What is the target price for Transocean (RIG) stock?

A

The latest price target for Transocean (NYSE:RIG) was reported by Barclays on December 18, 2024. The analyst firm set a price target for $4.50 expecting RIG to rise to within 12 months (a possible 29.67% upside). 21 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Transocean (RIG)?

A

The latest analyst rating for Transocean (NYSE:RIG) was provided by Barclays, and Transocean upgraded their overweight rating.

Q

When was the last upgrade for Transocean (RIG)?

A

The last upgrade for Transocean Ltd happened on December 18, 2024 when Barclays raised their price target to $4.5. Barclays previously had an equal-weight for Transocean Ltd.

Q

When was the last downgrade for Transocean (RIG)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Transocean (RIG)?

A

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 December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 2025.

Q

Is the Analyst Rating Transocean (RIG) correct?

A

While ratings are subjective and will change, the latest Transocean (RIG) rating was a upgraded with a price target of $4.50 to $4.50. The current price Transocean (RIG) is trading at is $3.47, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.