Zacks Rating on Seadrill Limited (SDRL)

Seadrill Limited (SDRL) : 6 analysts are covering Seadrill Limited (SDRL) and their average rating on the stock is 4.17, which is read as a Strong Sell. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 3 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Seadrill Limited (SDRL) : The most positive equity analysts on Seadrill Limited (SDRL) expects the shares to touch $5, whereas, the least positive believes that the stock will trade at $2 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $2.93 with an expected fluctuation of $1.49 from the mean.


SeaDrill Limited has lost 5.73% in the last five trading days and dropped 13.49% in the last 4 weeks. SeaDrill Limited has dropped 14.05% during the last 3-month period . Year-to-Date the stock performance stands at -22.42%. Seadrill Limited (NYSE:SDRL): stock turned positive on Tuesday. Though the stock opened at $2.61, the bulls momentum made the stock top out at $2.68 level for the day. The stock recorded a low of $2.61 and closed the trading day at $2.63, in the green by 0.38%. The total traded volume for the day was 4,555,455. The stock had closed at $2.62 in the previous days trading.

Seadrill Limited is an offshore drilling contractor providing offshore drilling services to the oil and gas industry. The Companys primary business is the ownership and operation of drillships, semi-submersible rigs and jack-up rigs for operations in shallow and deep water areas, as well as benign and harsh environments. The Company has three operating segments: Floaters, Jack-ups rigs and Other. The Companys Floaters segment includes drillships and semi-submersible rigs. The Companys Jack-ups rigs segment includes jack-up rigs. The Companys Other segment consists primarily of rig management services. The Company, through its subsidiaries, owns and operates its offshore drilling units and makes investments in other offshore drilling and oil services companies. Its subsidiaries include North Atlantic Drilling Ltd, Sevan Drilling ASA and Asia Offshore Drilling. It owns and operates approximately 43 offshore drilling units and has 16 offshore drilling units under construction.

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