# NOV Inc. – Consensus ‘buy’ rating and 20.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/nov-inc.consensus-buy-rating-and-20.3-upside-potential/4121130290
- Published: 2023-10-20T13:07:40+01:00
- Author: Charlotte Edwards

**NOV Inc.** with ticker code (NOV) now have 23 market analysts covering the stock.
The analyst consensus now points to a rating of ‘buy’. The range between the high
target price and low target price is between 30 and 18 suggesting an average Analsyt
target price of $25.04. Now with the previous closing price of $20.82 and the analysts
are correct then there would likely be a percentage uptick in value of 20.3%. There
is a 50 day moving average of $20.59 and the 200 day moving average is $19.31. The
company has a market cap of 8.11B. The stock price for the company is currently 
20.6 USD

 The potential market cap would be $9,755,985,641 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 19.62, revenue per share of 20.48
and a 3.79% return on assets.

NOV Inc. is an independent equipment and technology provider to the global energy
industry. The Company serves diversified, national and independent service companies,
contractors and energy producers in approximately 62 countries. The Company operates
through three segments. The Wellbore Technologies segment designs, manufactures,
rents and sells a range of equipment and technologies used to perform drilling operations.
The segment also offers services, such as solids control and waste management equipment
and services, drilling fluids, drill pipe, wired pipe, drilling optimization services,
tubular inspection and coating services, instrumentation, downhole tools, and drill
bits. The Completion & Production Solutions segment design, manufacture and integrate
technologies for completions, oil and gas production, and industrial markets. The
Rig Technologies segment provides drilling rig components, complete land drilling
rigs and offshore drilling equipment packages.

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