Noble Corporation plc – Consensus Indicates Potential 34.4% Upside

Broker Ratings
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Noble Corporation plc with ticker code (NE) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 42 and 30 with a mean TP of 36. Now with the previous closing price of 26.78 this would imply there is a potential upside of 34.4%. The day 50 moving average is 25.14 and the 200 day moving average is 24.84. The market capitalisation for the company is $1,581m. Visit the company website at: https://www.noblecorp.com

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 June 04, 2021, it operated a fleet of 24 offshore drilling units, which include 12 drillships and semisubmersibles, and 12 jackups. The company was formerly known as Noble Holding Corporation plc. Noble Corporation was founded in 1921 and is headquartered in Sugar Land, Texas.

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