Noble Corporation plc A with ticker code (NE) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 60 and 48 with the average target price sitting at 51. Given that the stocks previous close was at 40.35 this indicates there is a potential upside of 26.4%. The 50 day MA is 37.49 while the 200 day moving average is 33.29. The market capitalisation for the company is $5,243m. Visit the company website at: https://www.noblecorp.com
The potential market cap would be $6,627m 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.