Brokerage Firm Rating on Seadrill Limited (SDRL)

Seadrill Limited (SDRL) has an average broker rating of 4.17, which is interpreted as a Strong Sell, as rated by 6 equity analysts. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 3 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Seadrill Limited (SDRL) : The highest level Seadrill Limited (SDRL) is projected to reach is $5 for the short term and the lowest estimate is at $2. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $2.93 and the possibility the share price can swing is $1.49.


The shares have received a consensus rating of Sell for the current week Seadrill Limited (NYSE:SDRL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $2.90 and $2.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $2.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $2.89, notching a gain of 2.85% for the day. The total traded volume was 4,084,668 . The stock had closed at $2.81 on the previous day.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.