Diamond Offshore Drilling, Inc. – Consensus Indicates Potential 22.4% Upside

Broker Ratings

Diamond Offshore Drilling, Inc. found using ticker (DO) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price ranges between 21 and 10 and has a mean target at 15.33. Now with the previous closing price of 12.52 this indicates there is a potential upside of 22.4%. The day 50 moving average is 10.77 and the 200 day moving average is 8.46. The market cap for the company is $1,245m. Company Website: https://www.diamondoffshore.com

The potential market cap would be $1,524m based on the market concensus.

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Diamond Offshore Drilling, Inc. 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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