NYSE:RIG - Transocean Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $3.25
  • Forecasted Upside: -4.69 %
  • Number of Analysts: 4
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$3.41
▼ -0.08 (-2.29%)

This chart shows the closing price for RIG by one month, three months, or twelve months.

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Analyst Price Target for RIG

Analyst Price Target is $3.25
▼ -4.69% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Transocean in the last 3 months. The average price target is $3.25, with a high forecast of $4.00 and a low forecast of $2.00. The average price target represents a -4.69% upside from the last price of $3.41.

This chart shows the closing price for RIG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 4 investment analysts is to hold stock in Transocean. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 13 hold ratings
  • 9 sell ratings
7/28/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 11 hold ratings
  • 9 sell ratings
10/26/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 11 hold ratings
  • 6 sell ratings
1/24/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 4 sell ratings
4/24/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 3 sell ratings
7/23/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 3 sell ratings
10/21/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 2 sell ratings
12/20/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
1/19/2022

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/9/2021Morgan StanleyBoost Price TargetEqual Weight$3.50 ➝ $4.00Low
5/5/2021Susquehanna BancsharesLower Price TargetNeutral$5.00 ➝ $3.50High
5/5/2021SusquehannaLower Price TargetNeutral$5.00 ➝ $3.50High
4/13/2021Morgan StanleyBoost Price TargetEqual Weight$2.50 ➝ $3.50Low
3/11/2021BarclaysReiterated RatingEqual Weight ➝ Underweight$1.00 ➝ $2.00Medium
3/5/2021BarclaysDowngradeEqual Weight ➝ Underweight$1.00 ➝ $2.00Low
12/25/2020Royal Bank of CanadaReiterated RatingSell$3.00N/A
12/7/2020Wells Fargo & CompanyDowngradeEqual Weight ➝ UnderweightMedium
9/16/2020UBS GroupDowngradePositive ➝ Neutral$2.50 ➝ $1.15Medium
9/16/2020Susquehanna BancsharesDowngradePositive ➝ Neutral$2.50 ➝ $1.15Medium
8/6/2020Evercore ISIInitiated CoverageHold$4.00High
7/8/2020Morgan StanleyDowngradeOverweight ➝ Equal WeightHigh
6/15/2020Clarkson CapitalDowngradeBuy ➝ Neutral$2.40High
5/21/2020Tudor PickeringDowngradeBuy ➝ HoldLow
5/3/2020Royal Bank of CanadaReiterated RatingSellHigh
5/1/2020Credit Suisse GroupLower Price TargetNeutral$2.00 ➝ $1.75High
4/29/2020DNB MarketsDowngradeHold ➝ SellHigh
4/21/2020Royal Bank of CanadaDowngradeSector Perform ➝ Underperform$2.50 ➝ $1.50High
4/15/2020Piper SandlerLower Price TargetNeutral$2.00 ➝ $1.45High
3/31/2020BTIG ResearchDowngradeBuy ➝ NeutralHigh
3/27/2020R. F. LaffertyLower Price TargetBuy$5.00 ➝ $3.00Low
3/23/2020CitigroupLower Price TargetNeutral$8.00 ➝ $1.25High
3/20/2020Credit Suisse GroupDowngradeOutperform ➝ Neutral$2.00High
3/19/2020BarclaysDowngradeOverweight ➝ Equal Weight$1.50High
3/18/2020DNB MarketsUpgradeHold ➝ Buy$2.50High
3/17/2020Capital One FinancialDowngradeOverweight ➝ Equal WeightMedium
3/16/2020Morgan StanleyLower Price TargetOverweight$7.50 ➝ $2.00High
3/13/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$8.00 ➝ $2.00High
3/9/2020Bank of AmericaDowngradeNeutral ➝ UnderperformHigh
2/19/2020ArgusDowngradeHold ➝ SellHigh
2/18/2020Evercore ISIReiterated RatingBuy$13.00High
1/14/2020Bernstein BankInitiated CoverageUnderperform$2.90Low
1/13/2020Sanford C. BernsteinInitiated CoverageUnderperform$2.90Low
11/27/2019Deutsche Bank AktiengesellschaftInitiated CoverageSell$3.00Low
11/19/2019Deutsche Bank AktiengesellschaftInitiated CoverageSellHigh
10/21/2019Fearnley FondsDowngradeBuy ➝ Hold$6.00High
10/7/2019Morgan StanleyLower Price TargetOverweight$10.00 ➝ $8.00High
9/25/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$17.00 ➝ $9.00Medium
9/23/2019CitigroupBoost Price TargetNeutral$4.90 ➝ $7.00Medium
8/26/2019ScotiabankSet Price TargetHold$7.00Low
8/26/2019UBS GroupSet Price TargetBuy$10.00Low
8/15/2019CitigroupLower Price TargetNeutral$6.70 ➝ $4.90Low
7/31/2019Piper Jaffray CompaniesSet Price TargetHold$8.00N/A
7/31/2019Royal Bank of CanadaSet Price TargetBuy$17.00N/A
7/15/2019HSBCSet Price TargetBuy$12.00High
7/15/2019Morgan StanleySet Price TargetBuy$10.00High
6/14/2019CitigroupDowngradeBuy ➝ Neutral$7.00High
6/10/2019Bank of AmericaInitiated CoverageNeutral$6.50Medium
3/10/2019The Goldman Sachs GroupInitiated CoverageBuy ➝ Buy$11.00High
2/21/2019BarclaysReiterated RatingHold ➝ UnderweightHigh
2/20/2019BarclaysUpgradeUnderweight ➝ Overweight$10.00Medium
1/9/2019DNB MarketsUpgradeHold ➝ BuyLow
12/20/2018UBS GroupSet Price TargetBuy$12.00High
12/13/2018Credit Suisse GroupInitiated CoverageOutperform ➝ Outperform$14.00Low
10/30/2018DNB MarketsUpgradeSell ➝ HoldHigh
10/18/2018UBS GroupUpgradeAccumulate ➝ BuyLow
10/17/2018Johnson RiceUpgradeSell ➝ Hold$16.00Medium
10/13/2018CowenInitiated CoverageHold$12.00Low
10/10/2018Susquehanna BancsharesSet Price TargetBuy$17.00High
10/1/2018Piper Jaffray CompaniesSet Price TargetHold$14.00Low
9/20/2018Royal Bank of CanadaUpgradeSector Perform ➝ OutperformLow
9/19/2018Wells Fargo & CompanyUpgradeMarket Perform ➝ Outperform$13.00 ➝ $16.00High
9/18/2018Morgan StanleyInitiated CoverageOverweight ➝ Overweight$15.00High
9/17/2018BTIG ResearchInitiated CoverageBuy$18.00Low
9/5/2018UBS GroupSet Price TargetBuy$15.00Medium
9/4/2018JPMorgan Chase & Co.Reiterated RatingSellHigh
8/17/2018Piper Jaffray CompaniesReiterated RatingHold$13.30High
8/10/2018BMO Capital MarketsReiterated RatingSell$8.00High
8/9/2018BarclaysBoost Price TargetUnderweight ➝ Underweight$7.00 ➝ $8.00Medium
8/1/2018Fearnley FondsDowngradeBuy ➝ AccumulateLow
8/1/2018Piper Jaffray CompaniesReiterated RatingHold$13.20Medium
7/13/2018Credit Suisse GroupSet Price TargetBuy$16.00High
7/12/2018Tudor PickeringUpgradeHold ➝ BuyMedium
7/9/2018Susquehanna BancsharesUpgradeNeutral ➝ Positive$11.00 ➝ $16.00Medium
7/9/2018UBS GroupUpgradeNeutral ➝ PositiveHigh
6/21/2018CitigroupLower Price TargetBuy ➝ Buy$16.00 ➝ $15.00High
5/15/2018R. F. LaffertyBoost Price TargetBuy$11.00 ➝ $16.00Low
4/30/2018CitigroupBoost Price TargetBuy ➝ Buy$15.00 ➝ $16.00Low
4/18/2018Bank of AmericaBoost Price TargetNeutral ➝ Neutral$12.00 ➝ $13.00Medium
4/14/2018Credit Suisse GroupSet Price TargetBuy$16.00Medium
4/4/2018HSBCUpgradeHold ➝ Buy$11.50Medium
3/27/2018Piper Jaffray CompaniesSet Price TargetHold$11.00Low
3/15/2018CowenSet Price TargetHold$10.00High
2/16/2018Susquehanna BancsharesSet Price TargetHold$10.00Low
2/15/2018Piper Jaffray CompaniesSet Price TargetHold$11.00Low
1/12/2018Susquehanna BancsharesSet Price TargetHold$11.00Low
1/11/2018CowenSet Price TargetHold$11.00Low
1/10/2018Piper Jaffray CompaniesSet Price TargetHold$11.00Medium
1/4/2018Jefferies Financial GroupUpgradeHold ➝ Buy$13.00High
12/21/2017Royal Bank of CanadaSet Price TargetHold$11.00Low
11/14/2017Royal Bank of CanadaBoost Price TargetSector Perform ➝ Sector Perform$11.00 ➝ $13.00N/A
11/12/2017Royal Bank of CanadaSet Price TargetHold$11.00N/A
11/3/2017Jefferies Financial GroupBoost Price TargetHold$10.50 ➝ $11.00N/A
10/22/2017Piper Jaffray CompaniesReiterated RatingHold$7.35N/A
10/18/2017CowenSet Price TargetHold$8.00N/A
10/18/2017BMO Capital MarketsSet Price TargetSell$7.00N/A
10/12/2017CitigroupUpgradeNeutral ➝ Buy$13.00 ➝ $14.00N/A
10/10/2017Deutsche Bank AktiengesellschaftInitiated CoverageBuy$13.00N/A
10/5/2017Royal Bank of CanadaSet Price TargetHold$11.00N/A
9/30/2017Nordea Equity ResearchReiterated RatingBuy$14.00High
9/25/2017UBS GroupUpgradeNeutral ➝ Buy$9.00 ➝ $15.00High
9/22/2017Jefferies Financial GroupReiterated RatingHold$9.00High
9/1/2017Royal Bank of CanadaReiterated RatingHold$11.00N/A
9/1/2017Clarkson CapitalUpgradeNeutral ➝ Buy$11.00Low
8/31/2017Capital One FinancialUpgradeEqual Weight ➝ Overweight$12.00Low
8/26/2017R. F. LaffertySet Price TargetBuy$15.00Low
8/25/2017Royal Bank of CanadaUpgradeUnderperform ➝ Sector Perform$11.00Medium
8/19/2017Nomura InstinetReiterated RatingReduce$8.00 ➝ $7.00Low
8/18/2017Pareto SecuritiesUpgradeHold ➝ BuyLow
8/17/2017Nomura SecuritiesLower Price TargetReduce$8.00 ➝ $7.00Medium
8/16/2017Jefferies Financial GroupSet Price TargetHold$9.50 ➝ $9.00High
8/15/2017Bank of AmericaUpgradeUnderperform ➝ Neutral$7.00 ➝ $9.00High
8/10/2017Evercore ISIReiterated RatingBuy$18.00Low
8/9/2017The Goldman Sachs GroupUpgradeSell ➝ Neutral$8.57 ➝ $9.75High
8/6/2017BarclaysSet Price TargetSell$8.00 ➝ $9.00High
7/22/2017Wells Fargo & CompanyReiterated RatingMarket PerformLow
7/19/2017Credit Suisse GroupReiterated RatingBuyHigh
7/18/2017Jefferies Financial GroupReiterated RatingHold$11.50 ➝ $9.50High
7/6/2017Sanford C. BernsteinDowngradeOutperform ➝ Market Perform$16.50 ➝ $9.00High
7/1/2017Jefferies Financial GroupSet Price TargetHold$12.00High
6/16/2017Morgan StanleyLower Price TargetUnderweight$13.00 ➝ $12.00Medium
5/24/2017Jefferies Financial GroupSet Price TargetHold$12.00Low
5/17/2017Odeon Capital GroupInitiated CoverageSell$8.00Medium
5/15/2017Royal Bank of CanadaReiterated RatingSell$13.00High
5/15/2017R. F. LaffertyLower Price TargetBuy$21.00 ➝ $16.00High
5/9/2017B. RileyLower Price TargetBuy$21.00 ➝ $16.00Low
5/8/2017R. F. LaffertyLower Price TargetBuy$21.00 ➝ $16.00Low
5/5/2017Royal Bank of CanadaReiterated RatingSell$13.00Low
5/5/2017UBS GroupReiterated RatingNeutral$15.00 ➝ $12.00N/A
5/1/2017BarclaysBoost Price TargetUnderweight$8.00 ➝ $10.00Medium
4/25/2017Royal Bank of CanadaReiterated RatingUnderperform$15.00Low
4/20/2017Credit Suisse GroupSet Price TargetBuy$18.00Low
4/18/2017BMO Capital MarketsReiterated RatingSell$10.00High
4/18/2017Deutsche Bank AktiengesellschaftLower Price TargetHold$8.00 ➝ $7.00Low
4/11/2017Jefferies Financial GroupReiterated RatingHold$13.00 ➝ $14.00Low
3/23/2017Tudor PickeringInitiated CoverageHoldLow
3/22/2017ScotiabankReiterated RatingBuy$21.00Low
3/21/2017Jefferies Financial GroupLower Price TargetHold$14.50 ➝ $13.00Low
3/13/2017Evercore ISIReiterated RatingOutperform$24.00Low
2/27/2017BarclaysReiterated RatingUnderweight$10.00N/A
2/27/2017Raymond JamesReiterated RatingUnderperformN/A
2/27/2017Nomura InstinetBoost Price TargetReduce$7.00 ➝ $8.00N/A
2/26/2017BMO Capital MarketsReiterated RatingSellN/A
2/26/2017Jefferies Financial GroupReiterated RatingHold$13.50N/A
2/24/2017Piper Jaffray CompaniesBoost Price TargetNeutral$13.70 ➝ $14.10N/A
2/24/2017Pareto SecuritiesDowngradeBuy ➝ Sell$11.00N/A
2/23/2017CLSAReiterated RatingSellN/A
2/10/2017Clarkson CapitalReiterated RatingNeutral$15.00N/A
2/9/2017R. F. LaffertyInitiated CoverageBuy$21.00N/A
2/3/2017Credit Suisse GroupUpgradeNeutral ➝ Outperform$18.00 ➝ $12.85N/A
2/2/2017Royal Bank of CanadaReiterated RatingUnderperform$17.00 ➝ $15.00N/A
2/2/2017Morgan StanleyDowngradeEqual Weight ➝ Underweight$13.94 ➝ $13.99N/A
1/30/2017Jefferies Financial GroupBoost Price TargetHold$11.00 ➝ $15.00N/A
1/25/2017Piper Jaffray CompaniesUpgradeUnderweight ➝ Neutral$13.70N/A
(Data available from 1/19/2017 forward)

News Sentiment Rating

0.60 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/23/2021
  • 2 very positive mentions
  • 18 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
7/23/2021
  • 1 very positive mentions
  • 19 positive mentions
  • 2 negative mentions
  • 3 very negative mentions
8/22/2021
  • 4 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/21/2021
  • 6 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
10/21/2021
  • 2 very positive mentions
  • 11 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
11/20/2021
  • 2 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/20/2021
  • 6 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/19/2022

Current Sentiment

  • 6 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Transocean logo
Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. It also owns and operates offshore drilling fleet such as ultra-deepwater, harsh-environment, deepwater, and midwater rigs. The company was founded in 1953 and is headquartered in Steinhausen, Switzerland.
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Today's Range

Now: $3.41
Low: $3.37
High: $3.52

50 Day Range

MA: $3.13
Low: $2.76
High: $3.55

52 Week Range

Now: $3.41
Low: $2.35
High: $5.13

Volume

14,166,018 shs

Average Volume

14,622,783 shs

Market Capitalization

$2.24 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

3.3

Frequently Asked Questions

What sell-side analysts currently cover shares of Transocean?

The following equities research analysts have issued stock ratings on Transocean in the last year: Barclays PLC, Morgan Stanley, Susquehanna, Susquehanna Bancshares, Inc., and Zacks Investment Research.
View the latest analyst ratings for RIG.

What is the current price target for Transocean?

4 Wall Street analysts have set twelve-month price targets for Transocean in the last year. Their average twelve-month price target is $3.25, suggesting a possible downside of 4.7%. Morgan Stanley has the highest price target set, predicting RIG will reach $4.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $2.00 for Transocean in the next year.
View the latest price targets for RIG.

What is the current consensus analyst rating for Transocean?

Transocean currently has 1 sell rating and 3 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in RIG, but not buy more shares or sell existing shares.
View the latest ratings for RIG.

How do I contact Transocean's investor relations team?

Transocean's physical mailing address is Turmstrasse30, Steinhausen V8, 6312. The offshore drilling services provider's listed phone number is (141) 479-0500 and its investor relations email address is [email protected] The official website for Transocean is www.deepwater.com.