Analysts at Barclays initiated coverage on Rowan Companies PLC RDC with a Equal-weight rating.
The target price for Rowan Companies is set to $22.
Rowan Companies shares have dropped 30.92 percent over the past 52 weeks, while the S&P 500 index has surged 9.07 percent in the same period.
Rowan Companies' shares rose 2.44 percent to close at $22.21 yesterday.
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