Diamond Offshore Drilling with ticker code (DO) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The target price ranges between 17 and 10 calculating the average target price we see 13.5. Now with the previous closing price of 11.09 this indicates there is a potential upside of 21.7%. The 50 day MA is 9.63 and the 200 day moving average is 7.89. The company has a market capitalisation of $1,151m. Company Website: https://www.diamondoffshore.com
The potential market cap would be $1,401m based on the market concensus.
Diamond Offshore Drilling provides contract drilling services to the energy industry worldwide. As of December 31, 2021, the company operated a fleet of 12 offshore drilling rigs, including four drillships and eight semisubmersible rigs. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1953 and is headquartered in Houston, Texas.
