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Analysts at Bank of America assumed coverage on shares of Transocean Partners (NASDAQ:RIGP) in a research report issued to clients and investors on Tuesday. The firm set a “buy” rating on the stock.

Shares of Transocean Partners (NASDAQ:RIGP) opened at 25.04 on Tuesday. Transocean Partners has a 52-week low of $21.90 and a 52-week 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 price-to-earnings ratio of 8.87.

A number of other analysts have also recently weighed in on RIGP. Analysts at Barclays initiated coverage on shares of Transocean Partners in a research note on Tuesday. They set an “equal weight” rating and a $26.00 price target on the stock. 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 LLC (NASDAQ:RIGP) is a growth-oriented limited liability company.

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