Noble Corporation plc A – Consensus Indicates Potential 23.8% Upside

Broker Ratings

Noble Corporation plc A found using ticker (NE) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 60 and 49 with a mean TP of 52.71. With the stocks previous close at 42.57 this would indicate that there is a potential upside of 23.8%. The 50 day MA is 40.28 and the 200 day moving average is 34.4. The market cap for the company is $5,510m. Find out more information at: https://www.noblecorp.com

The potential market cap would be $6,822m based on the market concensus.

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Noble Corporation plc, 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. It operates 19 offshore drilling units consisting of 11 floaters and eight jackups. Noble Corporation plc was founded in 1921 and is based in Altrincham, the United Kingdom.

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