Noble Corporation plc A with ticker code (NE) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 60 and 48 calculating the mean target price we have 51. Now with the previous closing price of 40.52 this would imply there is a potential upside of 25.9%. The 50 day moving average now sits at 37.45 and the 200 moving average now moves to 33.13. The company has a market capitalisation of $5,518m. Company Website: https://www.noblecorp.com
The potential market cap would be $6,945m based on the market concensus.
Noble Corporation plc, together with its subsidiaries, 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 19 offshore drilling units consisting of 11 floaters and eight jackups. Noble Corporation plc was founded in 1921 and is based in Altrincham, the United Kingdom.
