Noble Corporation plc – Consensus Indicates Potential 34.6% Upside

Broker Ratings
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Noble Corporation plc with ticker code (NE) now have 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 calculating the mean target price we have 40. With the stocks previous close at 29.71 this is indicating there is a potential upside of 34.6%. The 50 day moving average now sits at 27 and the 200 day moving average is 25.34. The company has a market capitalisation of $2,134m. Find out more information at: https://www.noblecorp.com

The potential market cap would be $2,873m 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 luded 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.

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