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Seadrill Partners LLC (NASDAQ:SDLP) target price raised to $3.75, issued a report today by Zacks Investment Research

Yesterday Seadrill Partners LLC (NASDAQ:SDLP) traded 5.25% higher at $3.41. The company’s 50-day moving average is $3.46 and its 200-day moving average is $4.52. The last stock close price is down -24.48% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 785,165 shares of the stock were exchanged, down from an average trading volume of 1,031,870

Seadrill Partners LLC (NASDAQ:SDLP) had its target price raised to $3.75 by Zacks Investment Research in a report released 10/06/2016. The new target price indicates a possible upside of 0.10% based on the company's last stock close price.

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Seadrill Partners LLC (NASDAQ:SDLP)

With a total market value of $0, Seadrill Partners LLC has price-earnings ratio of 1.73 with a one year low of $1.70 and a one year high of $12.20 .

More About Seadrill Partners LLC (NASDAQ:SDLP)

Seadrill Partners LLC is an offshore deepwater drilling company. The Company owns, operates and acquires offshore drilling units. The Company's subsidiaries include Seadrill Operating LP, Seadrill Capricorn Holdings LLC and Seadrill Partners Operating LLC (collectively, OPCO). The Company's segment is OPCO's fleet. The Company provides operations in oil and gas exploration and development in regions across the world and its customers include integrated oil and gas companies, state-owned national oil companies, and independent oil and gas companies. The Company's fleet includes semi-submersibles, including West Aquarius, West Capricorn, West Leo and West Sirius; the semi-tender rig West Vencedor; the tender rigs, T-15 and T-16, and drillships, such as West Auriga, West Vela, West Capella and West Polaris.

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