Barclays Begins Coverage on Transocean Partners (RIGP)
Barclays initiated coverage on shares of Transocean Partners (NASDAQ:RIGP) in a research note issued on Tuesday. The firm set an “equal weight” rating and a $26.00 price target on the stock. Barclays’ target price suggests a potential upside of 3.83% from the company’s current price.
Separately, analysts at Wells Fargo & Co. initiated coverage on shares of Transocean Partners in a research note on Monday. They set an “outperform” rating on the stock.
Transocean Partners (NASDAQ:RIGP) opened at 25.04 on Tuesday. Transocean Partners has a one year low of $21.90 and a one year high of $25.50. The stock has a 50-day moving average of $24.25 and a 200-day moving average of $24.25. The company has a market cap of $1.727 billion and a P/E ratio of 8.87.
Transocean Partners LLC (NASDAQ:RIGP) is a growth-oriented limited liability company.
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