Noble Corporation plc A – Consensus ‘Buy’ rating and 32.2% Upside Potential

Broker Ratings
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Noble Corporation plc A which can be found using ticker (NE) now have 7 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 60 and 49 calculating the mean target price we have $53.00. Given that the stocks previous close was at $40.08 this would imply there is now a potential upside of 32.2%. The 50 day moving average now sits at $40.29 and the 200 day moving average is $35.03. The market cap for the company is $5,428m. Find out more information at: https://noblecorp.com

The potential market cap would be $7,178m based on the market consensus.

Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services to the oil and gas industry through its fleet of mobile offshore drilling units. It operates drilling rigs consisting of floaters and jackups. Noble Corporation plc was founded in 1921 and is headquartered in Sugar Land, Texas.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 22.37, revenue per share of 15.67 and a 3.92% return on assets.

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