Goldman Sachs Resumes / Downgrades Seadrill Ltd. (SDRL) to Neutral
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Price: $47.98 +2.06%
Rating Summary:
10 Buy, 12 Hold, 11 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
10 Buy, 12 Hold, 11 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs resumed coverage on Seadrill Ltd. (NYSE: SDRL) with a Neutral rating (previously Buy).
Analyst Henry Tarr said, "We continue to view the high dividend yield as attractive and believe it is sustainable in the near term. However following recent strong performance we no longer see materially higher upside in the stock vs. the rest of the sector."
For an analyst ratings summary and ratings history on Seadrill Ltd. click here. For more ratings news on Seadrill Ltd. click here.
Shares of Seadrill Ltd. closed at $39.62 yesterday.
Analyst Henry Tarr said, "We continue to view the high dividend yield as attractive and believe it is sustainable in the near term. However following recent strong performance we no longer see materially higher upside in the stock vs. the rest of the sector."
For an analyst ratings summary and ratings history on Seadrill Ltd. click here. For more ratings news on Seadrill Ltd. click here.
Shares of Seadrill Ltd. closed at $39.62 yesterday.
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