X
<

What's Wall Street's Take on Offshore Drillers?

PART:
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
Part 16
What's Wall Street's Take on Offshore Drillers? PART 16 OF 17

What Do Analysts Project for Pacific Drilling and Seadrill Partners?

Article focus

After looking at analyst recommendations for seven different offshore drillers (IYE) in the previous articles, now we’ll take a look at analyst recommendations for Seadrill Partners (SDLP) and Pacific Drilling (PACD).

What Do Analysts Project for Pacific Drilling and Seadrill Partners?

Interested in IYE? Don't miss the next report.

Receive e-mail alerts for new research on IYE

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

Seadrill Partners

Seadrill Partners’ stock has given year-to-date returns of 16%. In the last three months, the stock price has risen 34%. At the start of 2016, seven analysts gave recommendations for Seadrill Partners. Now, only two analysts cover the stock. One analyst gives the stock a “hold” recommendation, while the other gives a “strong sell” recommendation. Analysts’ consensus target price for the stock is $5.5, which implies an upside of 29%.

Pacific Drilling

Pacific Drilling’s stock has a -48% year-to-date return. However, in the last three months, the stock price has risen 24%. Pacific Drilling doesn’t have a single “strong buy” or “buy” recommendation, which is similar to Seadrill Partners, Seadrill (SDRL), and Ocean Rig (ORIG).

11 analysts cover Pacific Drilling, down from 22 at the start of 2016. Out of the 11 analysts, five analysts give the company a “hold,” three analysts give it a “sell,” and the other three analysts give it a “strong sell.” The consensus target price is $2.38, which implies a 45% downside for the stock.

X

Please select a profession that best describes you: