Noble Corporation plc found using ticker (NE) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 45 and 30 with the average target price sitting at 40. Now with the previous closing price of 34.63 this now indicates there is a potential upside of 15.5%. The 50 day moving average now sits at 28.6 and the 200 day MA is 25.81. The market cap for the company is $2,169m. Company Website: https://www.noblecorp.com
The potential market cap would be $2,506m based on the market concensus.
Noble Corporation, 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. As of February 16, 2022, it operated a fleet of 20 offshore drilling units, which included 12 floaters and 8 jackups. The company was formerly known as Noble Holding Corporation plc. Noble Corporation was founded in 1921 and is headquartered in Sugar Land, Texas.
