The stock of Seadrill Limited (NYSE:SDRL) last traded at $39.96, down -5.55% from the previous session.
Data from the available sources indicates that Seadrill Limited (NYSE:SDRL) is covered by 6 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $62.00 and a low of $45.60, we find $51.18. Given the previous closing price of $42.31, this indicates a potential upside of 20.96 percent. SDRL stock price is now 3.09% away from the 50-day moving average and 19.82% away from the 200-day moving average. The market capitalization of the company currently stands at $2.00B.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
In total, 0 analysts have assigned it a hold rating, and 5 have given it a buy rating. Brokers who have rated the stock have averaged $53.06 as their price target over the next twelve months.
With the price target of $50, BWS Financial recently initiated with Buy rating for Seadrill Limited (NYSE: SDRL).
A total of 22.22% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SDRL stock. A new stake in Seadrill Limited shares was purchased by POLUS CAPITAL MANAGEMENT LTD during the first quarter worth $217,706,000. JPMORGAN CHASE & CO invested $63,668,000 in shares of SDRL during the first quarter. In the first quarter, BARCLAYS PLC acquired a new stake in Seadrill Limited valued at approximately $61,800,000. GOLDENTREE ASSET MANAGEMENT LP acquired a new stake in SDRL for approximately $58,891,000. DEUTSCHE BANK AG purchased a new stake in SDRL valued at around $56,548,000 in the second quarter. In total, there are 20 active investors with 69.66% ownership of the company’s stock.
With an opening price of $41.70 on Wednesday morning, Seadrill Limited (NYSE: SDRL) set off the trading day. During the past 12 months, Seadrill Limited has had a low of $22.00 and a high of $45.48. The fifty day moving average price for SDRL is $38.76 and a two-hundred day moving average price translates $34.75 for the stock.
The latest earnings results from Seadrill Limited (NYSE: SDRL) was released for Sep, 2022. For the current quarter, analysts expect SDRL to generate $265M in revenue.
Investors who held shares on 12/05/2013 were paid a $0.95 dividend.
Seadrill Limited(SDRL) Company Profile
Seadrill Limited provides offshore contract drilling services to the oil and gas industry worldwide. It operates in three segments: Harsh Environment, Floaters, and Jack-ups Rigs. The company owns and operates drillships, semi-submersible rigs, and jack-up rigs for operations in shallow and ultra-deep-water in benign and harsh environments. It offers operation support and management services to third parties, as well as related and non-related companies. As of April 8, 2022, the company owned a fleet of 21 offshore drilling units consisting of two harsh-environment rigs, two benign-environment semi-submersible rigs, six drill-ships, and 11 jack-up rigs. It serves oil super-majors, state-owned national oil companies, and independent oil and gas companies. Seadrill Limited was incorporated in 2005 and is headquartered in London, the United Kingdom.
Leave a Reply