Diamond Offshore Drilling, Inc. – Consensus Indicates Potential 9.7% Upside

Broker Ratings
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Diamond Offshore Drilling, Inc. found using ticker (DO) now have 2 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The range between the high target price and low target price is between 17 and 10 with the average target price sitting at 13.5. With the stocks previous close at 12.31 this indicates there is a potential upside of 9.7%. There is a 50 day moving average of 10.23 and the 200 day MA is 8.24. The market capitalisation for the company is $1,249m. Find out more information at: https://www.diamondoffshore.com

The potential market cap would be $1,369m based on the market concensus.

Diamond Offshore Drilling, Inc. 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.

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