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Zephrin Group upgraded Rowan Companies Inc. (NYSE:RDC) from Hold to Buy in a report released today.

Having a price of $12.72, Rowan Companies Inc. (NYSE:RDC) traded 0.00% even on the day. The last stock close is down 21.50% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. Rowan Companies Inc. has registered a 50-day moving average of $13.79 and two hundred day moving average of $16.20. Trade volume was was down over the average, with 0 shares of RDC changing hands under the typical 3,334,010 shares.

Zephrin Group has upgraded Rowan Companies Inc.(NYSE:RDC) from Hold to Buy in a report released 9/19/2016.

See Chart Below:

Rowan Companies Inc. (NYSE:RDC)

A total of 32 equity analysts have reported on Rowan Companies Inc.. Zero rate the stock a strong buy, 0 rate the stock a buy, 0 firms rate the stock a hold, 0 rate the stock to underperform, and finally 0 firmsrate the stock as sell with a one year target price of $17.31

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

General Company Details For Rowan Companies Inc. (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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