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Enter Symbol:
 
SeaDrill Limited (SDRL) [hlAlert]

Rating:
Underperform
SDRL
up 383.73 %

SeaDrill Limited (SDRL) rated Underperform by Wells Fargo

Posted on: Wednesday,  Feb 12, 2014  8:25 AM ET by Wells Fargo

Wells Fargo rated Underperform SeaDrill Limited (NYSE: SDRL) on 02/12/2014, when the stock price was $35.70. Since
then, SeaDrill Limited has lost 79.33% as of 01/20/2016's recent price of $7.38.
If you would have followed this Wells Fargo's recommendation on SDRL, you would have gained 383.73% of your investment in 707 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.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2014 8:25 AM Sell
None
35.70
as of 10/17/2014
1 Week down  -1.00 %
1 Month up  24.11 %
3 Months up  39.58 %
1 YTD up  35.40 %

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