Noble Corporation plc found using ticker (NE) now have 5 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The target price ranges between 60 and 42 calculating the average target price we see 48.4. Now with the previous closing price of 29.48 this would imply there is a potential upside of 64.2%. The day 50 moving average is 28.67 and the 200 day moving average is 29.16. The market capitalisation for the company is $2,010m. Visit the company website at: https://www.noblecorp.com
The potential market cap would be $3,299m 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.
