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ENSCO PLC (NYSE:ESV) has been downgraded to Sell in a statement by Seaport Global Securities earlier today.

Seaport Global Securities has downgraded ENSCO PLC (NYSE:ESV) to Sell in a statement released on 6/21/2017.

Having a price of $5.38, ENSCO PLC (NYSE:ESV) traded 1.77% higher on the day. With the last close down -21.53% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. ESV has recorded a 50-day average of $4.68 and a two hundred day average of $6.60. Volume of trade was down over the average, with 14,587,313 shares of ESV changing hands under the typical 18,391,100

Recent Performance Chart

ENSCO PLC (NYSE:ESV)

ENSCO PLC has PE ratio of 32.38 with a one year low of $4.10 and a one year high of $12.04 and has a market capitalization of $0.

A total of 29 brokerages have issued a ratings update on ENSCO PLC. One brokerage rating the company a strong buy, one brokerage rating the company a buy, twenty-two brokerages rating the company a hold, eleven brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $10.47.

General Company Details For ENSCO PLC (NYSE:ESV)

Ensco plc is an offshore contract drilling company. The Company provides offshore contract drilling services to the international oil and gas industry. Its segments include Floaters, Jackups and Other. The Floaters segment includes its drillships and semisubmersible rigs, and provides contract drilling. Other consists of management services on rigs owned by third parties. The Floaters and the Jackups segments provide contract drilling. It owned and operated an offshore drilling rig fleet of 57 rigs, including two rigs under construction, with drilling operations around the world, as of December 31, 2016. As of December 31, 2016, its rig fleet included eight drill ships, 10 dynamically positioned semisubmersible rigs, three moored semisubmersible rigs and 38 jackup rigs. As of December 31, 2016, of its 59 rigs, 25 were located in the Middle East, Africa and Asia Pacific, 16 were located in North and South America (including Brazil) and 18 were located in Europe and the Mediterranean.

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