A statement released earlier today by Mizuho about Noble Energy, Inc. (NYSE:NBL) bumps the target price to $44.00
- Updated: October 13, 2016
Stating a potential upside of 0.24%, Mizuho upped the price target of Noble Energy, Inc. (NYSE:NBL) to $44.00
Previously on 9/15/2016, Johnson Rice reported on Noble Energy, Inc. (NYSE:NBL) increased the target price from $19.00 to $21.00. At the time, this indicated a possible downside of -0.38%.
Yesterday Noble Energy, Inc. (NYSE:NBL) traded -0.39% lower at $35.45. The company’s 50-day moving average is $34.98 and its 200-day moving average is $35.04. The last closing price is up 1.18% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 2,614,833 shares of the stock traded hands, down from an average trading volume of 3,511,900
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Noble Energy, Inc. has a 52 week low of $23.77 and a 52 week high of $39.85 The company’s market cap is presently $0.
A total of 33 analysts have released a research note on NBL. Five analysts rating the company a strong buy, nineteen analysts rating the company a buy, twelve analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $43.30.
More About Noble Energy, Inc. (NYSE:NBL)
Noble Energy, Inc. is an independent energy company engaged in crude oil, natural gas and natural gas liquids (NGLs) exploration and production. The Company's portfolio is diversified between short-term and long-term projects, domestic and international and a balanced production mix among crude oil, natural gas and NGLs. The Company operates in over seven core areas, including the DJ Basin (onshore United States), the Marcellus Shale (onshore United States), Eagle Ford Shale (onshore United States), Permian Basin (onshore United States), the deepwater Gulf of Mexico (offshore United States), offshore West Africa and offshore Eastern Mediterranean. Its sanctioned projects include DJ Basin (onshore United States), Marcellus Shale (onshore United States), Eagle Ford Shale (onshore United States), Permian Basin (onshore United States), Gunflint (deepwater Gulf of Mexico) and Tamar Southwest (offshore Israel). Its proved reserves are approximately 1,420 million barrels oil equivalent.
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