WallStreetZenWallStreetZen

NYSE: RIG
Transocean Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for RIG

Based on 5 analysts offering 12 month price targets for Transocean Ltd.
Min Forecast
$6.00-5.06%
Avg Forecast
$8.00+26.58%
Max Forecast
$12.00+89.87%

Should I buy or sell RIG stock?

Based on 5 analysts offering ratings for Transocean Ltd.
Buy
Strong Buy
2 analysts 40%
Buy
0 analysts 0%
Hold
3 analysts 60%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their RIG stock forecasts and price targets.

RIG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Bottom 3%
3
HoldMaintains$8.00+26.58%2023-04-18
Clarkson Capital Markets
Bottom 45%
45
Strong BuyUpgrades$7.50+18.67%2023-03-22
Citigroup
Top 23%
78
HoldMaintains$6.50+2.85%2023-03-22
Benchmark
Bottom 16%
16
Strong BuyMaintains$12.00+89.87%2023-03-10
Susquehanna
Top 33%
68
HoldMaintains$6.00-5.06%2023-02-23

1 of 1

Forecast return on equity

Is RIG forecast to generate an efficient return?
Company
0.52%
Industry
13.92%
Market
13.99%
RIG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RIG forecast to generate an efficient return on assets?
Company
0.27%
Industry
6.08%
RIG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RIG revenue growth forecast

How is RIG forecast to perform vs Oil & Gas Drilling companies and vs the US market?
Company
10.56%
Industry
6.72%
Market
16.38%
RIG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RIG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RIG vs Oil & Gas Drilling Stocks

TickerPricePrice TargetUp/downsideConsensus
RIG$6.32$8.00+26.58%Buy
NE$40.19$51.50+28.14%Strong Buy
HP$32.71$44.43+35.83%Buy
PTEN$10.61$18.00+69.65%Strong Buy
BORR$7.48$10.00+33.69%Hold
View Top Oil & Gas Drilling Stocks

Transocean Stock Forecast FAQ

Is Transocean Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: RIG) stock is to Buy RIG stock.

Out of 5 analysts, 2 (40%) are recommending RIG as a Strong Buy, 0 (0%) are recommending RIG as a Buy, 3 (60%) are recommending RIG as a Hold, 0 (0%) are recommending RIG as a Sell, and 0 (0%) are recommending RIG as a Strong Sell.

If you're new to stock investing, here's how to buy Transocean stock.

What is RIG's forecast return on equity (ROE) for 2023-2024?

(NYSE: RIG) forecast ROE is 0.52%, which is considered weak.

What is RIG's Price Target?

According to 5 Wall Street analysts that have issued a 1 year RIG price target, the average RIG price target is $8.00, with the highest RIG stock price forecast at $12.00 and the lowest RIG stock price forecast at $6.00.

On average, Wall Street analysts predict that Transocean's share price could reach $8.00 by Apr 18, 2024. The average Transocean stock price prediction forecasts a potential upside of 26.58% from the current RIG share price of $6.32.

What is RIG's forecast return on assets (ROA) for 2023-2024?

(NYSE: RIG) forecast ROA is 0.27%, which is lower than the forecast US Oil & Gas Drilling industry average of 6.08%.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.