Noble Corporation plc A which can be found using ticker (NE) now have 7 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 60 and 49 and has a mean target at $53.00. Given that the stocks previous close was at $37.31 this would imply there is now a potential upside of 42.1%. It’s also worth noting that there is a 50 day moving average of $40.52 and the 200 day MA is $34.52. The market capitalization for the company is $5,255m. Company Website: https://noblecorp.com
The potential market cap would be $7,465m based on the market consensus.
Noble Corporation plc 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. It operates drilling rigs consisting of floaters and jackups. Noble Corporation plc was founded in 1921 and is headquartered in Sugar Land, Texas.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 21.42, revenue per share of 15.67 and a 3.92% return on assets.
