Noble Corporation plc with ticker code (NE) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price ranges between 60 and 42 with a mean TP of 46.6. Now with the previous closing price of 31.85 this is indicating there is a potential upside of 46.3%. The day 50 moving average is 33.71 and the 200 moving average now moves to 28.64. The market cap for the company is $2,024m. Visit the company website at: https://www.noblecorp.com
The potential market cap would be $2,961m 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.
