Noble Corporation plc found using ticker (NE) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 45 and 30 and has a mean target at 40. Given that the stocks previous close was at 33.11 this indicates there is a potential upside of 20.8%. The 50 day MA is 27.68 and the 200 day moving average is 25.54. The company has a market cap of $2,122m. Visit the company website at: https://www.noblecorp.com
The potential market cap would be $2,564m 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.