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Rowan Companies PLC (NYSE:RDC) has been upgraded to Buy in a statement by Zephirin Group earlier today.

Zephirin Group has upgraded Rowan Companies PLC(NYSE:RDC) to Buy in a statement released on Monday September 19 2016.

Displaying a price of $12.94, Rowan Companies PLC (NYSE:RDC) traded 0.00% even on the day. The last stock close is down 21.50% relative to the 200-day moving average, compared to the S&P 500 which has fallen -0.01% over the same period. RDC has registered a 50-day moving average of $13.79 and 200-day average of $16.20. Trading volume was was down over the average, with 0 shares of RDC changing hands under the typical 3,334,010 shares.

Performance Chart:

Rowan Companies PLC (NYSE:RDC)

Rowan Companies PLC has a one-year low of $10.67 and a 52 week high of $21.83 with a P/E ratio of 7 and has a total market value of $0.0.

Also covering Rowan Companies PLC’s stock price target, a total of 32 equity analysts have released a research note on the company. The average target is $17.31 with 0 rating the company a strong buy, 0 rating the company a buy, 0 firms rating the stock a hold, 0 rating the company to underperform, and finally 0 brokeragesrating the company as sell.

Brief Synopsis About Rowan Companies PLC (NYSE:RDC)

Rowan Companies plc is a provider of offshore contract drilling services to the international oil and gas industry. The Company operates through two segments: deepwater and jack-ups. Its deepwater segment consists of drillship operations. Its fleet consists of approximately 30 mobile offshore drilling units, including self-elevating jack-up rigs and ultra-deepwater drillships. Its drilling fleet consists of approximately four ultra-deepwater drillships; 20 high-specification cantilever jack-up rigs, including three N-Class rigs, four EXL class rigs, three 240C class rigs, four enhanced Super Gorilla class rigs, one Gorilla class rig, and four Tarzan Class rigs, and eight cantilever jack-up rigs, including two Gorilla class rigs and six 116-C class rigs. The Company’s fleet operates across the world, including the United States Gulf of Mexico, the United Kingdom and Norwegian sectors of the North Sea, and the Middle East and Trinidad.

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