Seadrill’s consensus analyst rating
According to data compiled by Thomas Reuters, Seadrill (SDRL) has a consensus rating of 3.5, which means a “hold.”
The consensus ratings for Seadrill’s offshore drilling (IYE) peers are as follows:
Seadrill’s consensus recommendations
Ten analysts have given recommendations for Seadrill. Out of these, two analysts have given a “buy,” and another two analysts recommend a “hold” for the stock. Notably, 50% of the analysts suggest a “sell” for Seadrill stock. The remaining analyst has recommended a “strong sell.”
As Seadrill’s fundamentals have deteriorated, many analysts have dropped Seadrill from their coverage. In January 2016, 15 analysts were covering Seadrill, and at the time, three analysts were bullish on the stock and gave “buy” recommendations.
But the scenario has changed over the past year. The number of analysts covering Seadrill has gradually decreased, and now only ten analysts are giving recommendations on the stock. The company hasn’t seen any upgrades or downgrades by Wall Street analysts since 2Q16.
Notably, in 1Q16, Morgan Stanley, Merrill Lynch, and J.P. Morgan all downgraded Seadrill.