Transocean LTD (RIG) Receives $11.93 Consensus Target Price from Analysts

Transocean Ltd. (NYSE:RIG) touched its 1-Year High price of $14.33 on 02/27/17 and its 1-Year Low price of $ 7.20 on 08/18/17. About 2.60 million shares traded or 53.31% up from the average. Transocean Ltd. (NYSE:RIG) has risen 15.86% since February 11, 2017 and is uptrending. It has underperformed by 0.84% the S&P500.

Eii Capital Management Inc increased its stake in Simon Ppty Group Inc New Com (SPG) by 50.39% based on its latest 2017Q3 regulatory filing with the SEC. Moreover, Aristotle Capital Boston Llc has 1.16% invested in the company for 548,161 shares. The hedge fund run by Douglas Dossey held 1.23 million shares of the oil & gas production company at the end of 2017Q3, valued at $13.22 million, up from 775,000 at the end of the previous reported quarter. Livingston Group Asset Management Southport Capital Management who had been investing in Boeing Co Com for a number of months, seems to be less bullish one the $196.59 billion market cap company. The stock decreased 0.72% or $1.12 during the last trading session, reaching $154.86.

Currently Transocean Inc (NYSE:RIG)'s shares owned by insiders are 0.16%, whereas shares owned by institutional owners are 77.5%. It has outperformed by 19.67% the S&P500. Wall Street analysts covering the stock are projecting that the stock will reach $12.75 within the next 52-weeks. (NYSE:SNV), 8 have Buy rating, 1 Sell and 10 Hold. Therefore 27% are positive. Boeing had 101 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of Synovus Financial Corp. The firm has "Buy" rating given on Thursday, January 5 by Arctic Securities. (NYSE:SPG) earned "Hold" rating by Deutsche Bank on Monday, January 9. The rating was maintained by Barclays Capital with "Overweight" on Thursday, October 6. Goldman Sachs upgraded the shares of BA in report on Thursday, July 27 to "Hold" rating. Barclays Capital maintained Synovus Financial Corp. The firm has "Equal-Weight" rating given on Wednesday, October 26 by Morgan Stanley. RBC Capital Markets has "Sector Perform" rating and $132 target. As per Thursday, February 9, the company rating was initiated by R. F. Lafferty. (NYSE:SPG) has "Hold" rating given on Wednesday, January 31 by RBC Capital Markets. The company was maintained on Monday, March 21 by Stifel Nicolaus.

Ejf Capital Llc, which manages about $7.64 billion and $959.75 million US Long portfolio, decreased its stake in Oceanfirst Finl Corp (NASDAQ:OCFC) by 346,634 shares to 153,366 shares, valued at $4.22M in 2017Q3, according to the filing. It also reduced its holding in Paramount Group Inc Com by 205,986 shares in the quarter, leaving it with 62,514 shares, and cut its stake in Mid Amer Apt Comm (NYSE:MAA).

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.30, from 1.25 in 2017Q2.


Several large investors have recently added to or reduced their stakes in RIG. Westpac, a Australia-based fund reported 152,470 shares. Geode Cap Mgmt Limited Liability Company invested in 0.01% or 3.24M shares. Millennium Mgmt Ltd Liability Company invested in 275,482 shares or 0% of the stock. 411.79 million shares or 1.95% less from 419.99 million shares in 2017Q2 were reported. North Star Invest Corp reported 0.02% in Transocean Ltd. (NYSE:RIG). Employees Retirement System Of Texas reported 195,300 shares. Pettee stated it has 0.24% of its portfolio in Transocean Ltd. (NYSE:RIG). The Pennsylvania-based Nationwide Fund has invested 0.04% in Transocean Ltd. (NYSE:RIG). Cognios Ltd Liability Company reported 14,826 shares stake. Hm Payson owns 11,700 shares. Fort Point Cap Ptnrs Lc has 20,638 shares. Advisor Prtn Limited Co reported 11,500 shares stake. Montgomery Inv Mngmt holds 0.05% or 10,620 shares in its portfolio.

Shares of Transocean LTD (NYSE:RIG) opened at $9.36 on Friday. State Of Wisconsin Inv Board holds 83,307 shares or 0% of its portfolio. South Dakota Investment Council, a South Dakota-based fund reported 130,000 shares. Fincl Counselors Incorporated holds 0.01% of its portfolio in Transocean Ltd. (NYSE:RIG) for 12,317 shares. It also increased its holding in Simon Ppty Group Inc New (NYSE:SPG) by 342,312 shares in the quarter, for a total of 363,312 shares, and has risen its stake in Voya Finl Inc (NYSE:VOYA). ValuEngine upgraded Transocean from a "hold" rating to a "buy" rating in a report on Thursday, November 2nd. Therefore 38% are positive.

Transocean Inc (NYSE:RIG)'s revenue estimates for the current quarter are $624.96 Million according to 21 number of analysts, for the current quarter the company has high revenue estimates of $675 Million in contradiction of low revenue estimates of $603.7 Million. Citigroup initiated the stock with "Sell" rating in Tuesday, October 20 report.

Transocean Inc (NYSE:RIG) has an ABR of 2.96 which is the combined stock view of 19 analysts poll results. $16.70's average target is -19.21% below currents $20.67 stock price. The New York-based Neuberger Berman Group Limited Liability has invested 0% in Transocean Ltd. (NYSE:RIG). Jefferies has "Hold" rating and $11.5000 target. The stock has "Buy" rating by Credit Suisse on Friday, November 3. The rating was maintained by Jefferies on Friday, September 22 with "Buy". (NYSE:TWX) on Friday, September 11 with "Outperform" rating. The stock has "Buy" rating by GBH Insights on Tuesday, February 6.

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