Noble Corporation plc found using ticker (NE) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 42 and 30 calculating the mean target price we have 36. With the stocks previous close at 26.35 this now indicates there is a potential upside of 36.6%. The 50 day moving average now sits at 25.19 and the 200 day moving average is 24.95. The company has a market cap of $1,623m. Company Website: https://www.noblecorp.com
The potential market cap would be $2,217m 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 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.
