SEADRILL LTD (SDRL) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of SEADRILL LTD (SDRL) from NEUTRAL to UNDERPERFORM on December 11, 2012, with a target price of $34.90.

Seadrill Limited is an international offshore drilling contractor providing drilling and well services. Seadrill's versatile fleet includes harsh-environment semi-submersibles, jack-ups, shallow and deep water tender rigs and deepwater drill ships. In addition, the Company provides platform drilling, well intervention and engineering services. Seadrill Limited is based in Hamilton, Bermuda.

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