Transocean (NYSE:RIG – Get Free Report) had its price objective lowered by equities research analysts at Morgan Stanley from $5.00 to $4.00 in a research note issued on Thursday,Benzinga reports. The ...
Shares of Transocean Ltd. (NYSE:RIG – Get Free Report) have earned a consensus rating of “Hold” from the ten brokerages that are currently covering the company, Marketbeat.com reports. One analyst has ...
Morgan Stanley lowered the firm’s price target on Transocean (RIG) to $4 from $5 and keeps an Equal Weight rating on the shares. While the firm ...
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3 Oil & Gas Drilling Stocks Navigating a Volatile Market
The Zacks Oil and Gas - Drilling industry operates in a volatile environment, influenced by rig availability, contracting activity, and capital expenditures rather than commodity prices alone. A 5% ...
RIG holds a strong position in offshore drilling with high demand and innovative technology, but its high debt and financial losses could affect growth prospects.