Noble Corporation plc with ticker code (NE) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 45 and 42 and has a mean target at 43.25. Given that the stocks previous close was at 32.9 this would indicate that there is a potential upside of 31.5%. The 50 day MA is 33.03 and the 200 day MA is 27.45. The company has a market cap of $2,123m. Company Website: https://www.noblecorp.com
The potential market cap would be $2,791m 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.
