Seadrill Partners LLC Hits New 52-Week High at $33.20 (SDLP)
Seadrill Partners LLC (NASDAQ:SDLP) set a new 52-week high during trading hours on Wednesday, American Banking & Market News reports. The company traded as high as $33.20 and last traded at $32.61, with a volume of 47,044 shares. The stock had previously closed at $31.65.
Several analysts have recently commented on the stock. Analysts at Global Hunter Securities initiated coverage on shares of Seadrill Partners LLC (NASDAQ:SDLP) in a research note to investors on Monday. They set a “buy” rating and a $35.00 price target on the stock. Separately, analysts at Sanford C. Bernstein cut their price target on shares of Seadrill Partners LLC (NASDAQ:SDLP) from $39.00 to $38.00 in a research note to investors on Friday, September 13th. They now have a “market perform” rating on the stock. Finally, analysts at Oppenheimer initiated coverage on shares of Seadrill Partners LLC (NASDAQ:SDLP) in a research note to investors on Tuesday, September 3rd. They set an “outperform” rating and a $35.00 price target on the stock.
One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $37.00.
Seadrill Partners LLC has a 52 week low of $22.90 and a 52 week high of $32.14. The stock’s 50-day moving average is $29.77 and its 200-day moving average is $28.83. The company’s market cap is $1.345 billion.
Seadrill Partners LLC (NASDAQ:SDLP) is a limited liability company.
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