Noble Corporation plc – Consensus Indicates Potential 70.0% Upside

Broker Ratings
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Noble Corporation plc found using ticker (NE) have now 5 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 60 and 43 with the average target price sitting at 49. Now with the previous closing price of 28.83 this is indicating there is a potential upside of 70.0%. The 50 day MA is 30.34 and the 200 day MA is 28.66. The market capitalisation for the company is $1,893m. Find out more information at: https://www.noblecorp.com

The potential market cap would be $3,218m 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.

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