Diamond Offshore Drilling, Inc. with ticker code (DO) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 20 and 10 and has a mean target at 15.33. Now with the previous closing price of 11.28 this now indicates there is a potential upside of 35.9%. The 50 day moving average now sits at 11.57 and the 200 day MA is 8.8. The market capitalisation for the company is $1,092m. You can visit the company’s website by visiting: https://www.diamondoffshore.com
The potential market cap would be $1,484m based on the market concensus.
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. As of December 31, 2022, the company operated a fleet of 14 offshore drilling rigs, including four drillships, eight semisubmersible rigs, and two managed 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.
