Diamond Offshore Drilling – Consensus Indicates Potential 16.0% Upside

Broker Ratings

Diamond Offshore Drilling found using ticker (DO) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 17 and 10 with the average target price sitting at 13.5. Given that the stocks previous close was at 11.64 this indicates there is a potential upside of 16.0%. The 50 day MA is 9.99 while the 200 day moving average is 8.13. The company has a market cap of $1,145m. Find out more information at: https://www.diamondoffshore.com

The potential market cap would be $1,328m based on the market concensus.

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Diamond Offshore Drilling provides contract drilling services to the energy industry worldwide. As of December 31, 2021, the company operated a fleet of 12 offshore drilling rigs, including four drillships and eight semisubmersible rigs. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1953 and is headquartered in Houston, Texas.

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