Noble Corporation plc with ticker code (NE) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The target price ranges between 60 and 43 with the average target price sitting at 49. Now with the previous closing price of 30.62 this would imply there is a potential upside of 60.0%. The 50 day moving average now sits at 30.1 and the 200 day MA is 28.72. The market cap for the company is $1,917m. Company Website: https://www.noblecorp.com
The potential market cap would be $3,067m 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.
