Diamond Offshore Drilling, Inc. with ticker code (DO) now have 3 analysts in total covering the stock. The consensus rating is pointing to ‘Strong_Buy’. The range between the high target price and low target price is between 20 and 15 suggesting an average Analsyt target price of $17.00. Now with the previous closing price of $11.38 this now indicates there is a potential upside of 49.4%. It’s also worth noting that there is a 50 day moving average of $11.72 and the 200 day moving average is $9.09. The company has a market cap of $1,156m. Visit the company website at: https://www.diamondoffshore.com
The potential market cap would be $1,727m 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.
