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What is Wall Street's Target Price for Transocean LTD (RIG) Stock Monday?

Monday, September 25, 2023 10:15 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Transocean LTD (RIG) Stock Monday?

InvestorsObserver is giving Transocean LTD (RIG) an Analyst Rating Rank of 20, meaning RIG is ranked higher by analysts than 20% of stocks. The average price target for RIG is $8.65 and analyst’s rate the stock as a Buy.

Overall Score - 3.5
Wall Street analysts are rating RIG a Buy today. Find out what this means to you and get the rest of the rankings on RIG!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Transocean LTD Stock Today?

Transocean LTD (RIG) stock is higher by 1.72% while the S&P 500 is down -0.05% as of 10:01 AM on Monday, Sep 25. RIG is up $0.14 from the previous closing price of $8.14 on volume of 1,750,030 shares. Over the past year the S&P 500 is up 18.14% while RIG is up 246.44%. RIG lost -$1.38 per share the over the last 12 months. Click Here to get the full Stock Report for Transocean LTD stock.

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