Noble Corporation plc A with ticker code (NE) have now 8 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 60 and 49 with the average target price sitting at $53.88. Given that the stocks previous close was at $36.34 and the analysts are correct then there would likely be a percentage uptick in value of 48.3%. There is a 50 day moving average of $39.73 and the 200 moving average now moves to $35.66. The company has a market capitalization of $4,965m. You can visit the company’s website by visiting: https://noblecorp.com
The potential market cap would be $7,362m 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 22.88, revenue per share of 15.67 and a 3.92% return on assets.