Seadrill Partners (NYSE:SDLP) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Friday.
Several other equities analysts have also weighed in on SDLP. Zacks Investment Research upgraded shares of Seadrill Partners from a “hold” rating to a “buy” rating and set a $3.00 price target for the company in a research report on Tuesday, August 15th. BidaskClub upgraded shares of Seadrill Partners from a “sell” rating to a “hold” rating in a research report on Thursday, August 24th.
Seadrill Partners (SDLP) traded up $0.07 on Friday, reaching $3.70. 190,540 shares of the company traded hands, compared to its average volume of 223,914. The company has a market capitalization of $273.26, a price-to-earnings ratio of 2.17 and a beta of 2.24. The company has a debt-to-equity ratio of 1.20, a quick ratio of 2.08 and a current ratio of 2.08. Seadrill Partners has a one year low of $2.61 and a one year high of $5.32.
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Seadrill Partners Company Profile
Seadrill Partners LLC is an offshore deepwater drilling company. The Company owns, operates and acquires offshore drilling units. The Company’s subsidiaries include Seadrill Operating LP, Seadrill Capricorn Holdings LLC and Seadrill Partners Operating LLC (collectively, OPCO). The Company’s segment is OPCO’s fleet.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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