Noble Corporation plc – Consensus Indicates Potential 22.4% Upside

Broker Ratings

Noble Corporation plc found using ticker (NE) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 34 and 30 calculating the mean target price we have 32. Now with the previous closing price of 26.14 this indicates there is a potential upside of 22.4%. The 50 day moving average now sits at 24.16 while the 200 day moving average is 23.84. The market cap for the company is $1,573m. You can visit the company’s website by visiting: http://www.noblecorp.com

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 June 04, 2021, it operated a fleet of 24 offshore drilling units, which include 12 drillships and semisubmersibles, and 12 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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