Benzinga · Aug 12, 2026
Barclays Maintains Overweight on Transocean, Lowers Price Target to $7
Barclays analyst Eddie Kim maintains Transocean (NYSE:RIG) with a Overweight and lowers the price target from $8 to $7.
RI
NYSE · RIG
Transocean Ltd.
Energy · Oil & Gas Drilling
$6.01
Down-$0.09 (-1.50%)
Updated Aug 21, 2026, 9:12 PM
SID Score
6.6/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 3.87B
- P/E ratio
- -1.33
- Dividend yield
- 0.00%
- 52-week range
- $2.76 – $7.66
- Volume
- 36.32M
- Avg. volume
- 48.23M
Price performance
RIG price history
1M range · 21 trading sessions · Daily adjusted prices
RIG closed at $6.01 after 21 trading sessions, up 12.97% for the selected period.
- Last close
- $6.01
- Period change
- +12.97%
- Period low
- $4.95
- Period high
- $6.01
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Aug 20, 2026 | $5.99 | $6.06 | $5.93 | $6.01 | 36.32M |
| Aug 19, 2026 | $5.90 | $5.95 | $5.825 | $5.84 | 42.31M |
| Aug 18, 2026 | $5.95 | $5.99 | $5.79 | $5.82 | 39.19M |
| Aug 17, 2026 | $5.80 | $5.87 | $5.72 | $5.87 | 45.52M |
| Aug 14, 2026 | $5.76 | $5.975 | $5.75 | $5.76 | 46.83M |
| Aug 13, 2026 | $5.65 | $5.78 | $5.57 | $5.72 | 61.13M |
| Aug 12, 2026 | $5.75 | $5.79 | $5.65 | $5.70 | 45.09M |
| Aug 11, 2026 | $5.68 | $5.88 | $5.65 | $5.81 | 56.58M |
| Aug 10, 2026 | $5.36 | $5.76 | $5.36 | $5.72 | 59.39M |
| Aug 7, 2026 | $5.15 | $5.41 | $5.13 | $5.26 | 29.95M |
| Aug 6, 2026 | $5.44 | $5.49 | $5.15 | $5.16 | 47.92M |
| Aug 5, 2026 | $5.255 | $5.29 | $5.08 | $5.14 | 28.71M |
| Aug 4, 2026 | $5.05 | $5.29 | $5.045 | $5.22 | 37.42M |
| Aug 3, 2026 | $5.19 | $5.25 | $5.09 | $5.15 | 28.46M |
| Jul 31, 2026 | $5.14 | $5.34 | $5.09 | $5.32 | 62.79M |
| Jul 30, 2026 | $5.00 | $5.09 | $4.91 | $5.08 | 53.48M |
| Jul 29, 2026 | $5.09 | $5.14 | $4.88 | $4.95 | 51.02M |
| Jul 28, 2026 | $5.21 | $5.24 | $4.98 | $4.99 | 46.41M |
| Jul 27, 2026 | $5.24 | $5.42 | $5.21 | $5.28 | 60.45M |
| Jul 24, 2026 | $5.34 | $5.42 | $5.305 | $5.35 | 49.45M |
| Jul 23, 2026 | $5.38 | $5.42 | $5.301 | $5.32 | 45.77M |
Latest RIG news
The latest Smart Investors Daily articles mentioning RIG.
Stock researchCompany · Overview
RIG research
Overview
Company profile and research snapshot.
Company profile
Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. Its segment involves contracting mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $4.50
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 12, 2026 | Barclays | Overweight | — |
| Jul 8, 2026 | Susquehanna | Positive | — |
| May 7, 2026 | Barclays | Overweight | — |
| May 6, 2026 | TD Cowen | Hold | — |
| Apr 15, 2026 | Morgan Stanley | Equal-Weight | — |
News briefing
No generated briefing is available yet.
Benzinga · Aug 10, 2026
Blackstone, TPG Close to Deal to Buy UK Subprime Mortgage Lender Kensington -Sky News
SeekingAlpha · Aug 7, 2026
Transocean Ltd. (RIG) Q2 2026 Earnings Call Transcript
Transocean Ltd. (RIG) Q2 2026 Earnings Call August 6, 2026 9:00 AM EDTCompany ParticipantsDavid Keddington - VP & TreasurerKeelan Adamson - President,...
Benzinga · Aug 5, 2026
Transocean Sees Q3 Sales $920.000M-$960.000M vs $896.307M Est
Transocean (NYSE:RIG) sees Q3 sales of $920.000 million-$960.000 million vs $896.307 million analyst estimate.
AI research layers
Interpretive context generated from the platform’s current data sources.
No results
AI research layers have not been published yet.
