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SeaDrill Limited (SDRL) [hlAlert]

Rating:
Neutral SDRL
up 18.76 %

SeaDrill Limited (SDRL) downgraded to Neutral by JP Morgan

Posted on: Tuesday,  Oct 22, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Neutral SeaDrill Limited (NYSE: SDRL) on 10/22/2013. Previously JP Morgan rated Overweight SeaDrill Limited (NYSE: SDRL) on 01/29/2013.,
when the stock price was $39.32. Since then, SeaDrill Limited has gained 18.77% as of 10/22/2013's recent price of $46.70.
If you would have followed the previous JP Morgan's recommendation on SDRL, you would have gained 18.76% of your investment in 266 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/22/2013 8:25 AM Hold
None
46.70
as of 12/13/2013
1 Week   
1 Month   
3 Months down  -0.12 %
1 YTD up  18.76 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2013 8:25 AM Buy
None
39.32

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