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 10.29% upside). 21 analyst firms have reported ratings in the last year.

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

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.

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

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 $4.08, which is out of the analyst’s predicted range.