Diamond Offshore Drilling, Inc. with ticker code (DO) have now 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 20 and 15 calculating the mean target price we have $17.00. Now with the previous closing price of $12.49 this now indicates there is a potential upside of 36.1%. The day 50 moving average is $11.76 and the 200 day MA is $9.23. The company has a market capitalization of $1,257m. Visit the company website at: https://www.diamondoffshore.com
The potential market cap would be $1,710m based on the market consensus.
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.
The company is not paying dividends at this time.
