Noble Corporation plc A – Consensus Indicates Potential 38.9% Upside

Broker Ratings
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Noble Corporation plc A with ticker code (NE) now have 5 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The target price ranges between 60 and 48 with the average target price sitting at 51. Now with the previous closing price of 36.72 this would indicate that there is a potential upside of 38.9%. The 50 day moving average now sits at 36.27 and the 200 day MA is 32.56. The market capitalisation for the company is $4,844m. Company Website: https://www.noblecorp.com

The potential market cap would be $6,728m 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.

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