Seadrill Limited (NYSE:SDRL) : Average target price received by Seadrill Limited (NYSE:SDRL) is $3.2 with an expected standard deviation of $1.66. The most aggressive target on the stock is $6, whereas the most downbeat target is $2. 5 financial analysts are currently covering the stock.
SeaDrill Limited has dropped 4.99% in the last five trading days, however, the shares have posted positive gains of 1.57% in the last 4 weeks. SeaDrill Limited is up 3.18% in the last 3-month period. Year-to-Date the stock performance stands at -4.42%.
Seadrill Limited (NYSE:SDRL) : 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Seadrill Limited (NYSE:SDRL). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 7 Wall Street Analysts endorse the stock as a Sell with a rating of 3.71.
Seadrill Limited (NYSE:SDRL): The stock opened at $3.26 on Thursday but the bulls could not build on the opening and the stock topped out at $3.26 for the day. The stock traded down to $3.16 during the day, due to lack of any buying support eventually closed down at $3.24 with a loss of -0.61% for the day. The stock had closed at $3.26 on the previous day. The total traded volume was 6,096,738 shares.
Seadrill Limited is an offshore drilling contractor providing offshore drilling services to the oil and gas industry. The Companys primary business is the ownership and operation of drillships, semi-submersible rigs and jack-up rigs for operations in shallow and deep water areas, as well as benign and harsh environments. The Company has three operating segments: Floaters, Jack-ups rigs and Other. The Companys Floaters segment includes drillships and semi-submersible rigs. The Companys Jack-ups rigs segment includes jack-up rigs. The Companys Other segment consists primarily of rig management services. The Company, through its subsidiaries, owns and operates its offshore drilling units and makes investments in other offshore drilling and oil services companies. Its subsidiaries include North Atlantic Drilling Ltd, Sevan Drilling ASA and Asia Offshore Drilling. It owns and operates approximately 43 offshore drilling units and has 16 offshore drilling units under construction.