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Enter Symbol:
SeaDrill Limited (SDRL) [hlAlert]

Neutral SDRL
up 12.35 %

SeaDrill Limited (SDRL) downgraded to Neutral by HSBC Securities

Posted on: Friday,  Jul 26, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Neutral SeaDrill Limited (NYSE: SDRL) on 07/26/2013. Previously HSBC Securities rated Overweight SeaDrill Limited (NYSE: SDRL) on 03/05/2013.,
when the stock price was $37.46. Since then, SeaDrill Limited has gained 12.36% as of 07/26/2013's recent price of $42.09.
If you would have followed the previous HSBC Securities's recommendation on SDRL, you would have gained 12.35% of your investment in 143 days.

Seadrill Limited, an offshore drilling contractor, provides drilling and well services worldwide. Its fleet comprises harsh-environment semi-submersibles, heavy duty jack-ups, shallow water tender rigs, and deep water drillships. The company also offers platform drilling, well intervention, and engineering services. As of December 31, 2008, it had an interest in 43 offshore drilling units, including 11 units under construction. The company was founded in 1972 and is based in Hamilton, Bermuda.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2013 8:25 AM Hold
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  12.35 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/5/2013 8:25 AM Buy
9/10/2012 8:25 AM Hold
6/21/2012 8:25 AM Buy

(*) Stock Price at the time of the recommendation.
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