Noble Corporation plc A – Consensus ‘Buy’ rating and 38.2% Upside Potential

Broker Ratings
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Noble Corporation plc A which can be found using ticker (NE) now have 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 60 and 49 and has a mean target at $53.00. Now with the previous closing price of $38.34 this now indicates there is a potential upside of 38.2%. The day 50 moving average is $40.25 while the 200 day moving average is $35.37. The market capitalization for the company is $5,063m. You can visit the company’s website by visiting: https://noblecorp.com

The potential market cap would be $6,998m 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 23.04, revenue per share of 15.67 and a 3.92% return on assets.

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