Ensco PLC (NYSE:ESV) has been upgraded from Sell to Neutral in a statement by Clarkson Capital earlier today.
- Updated: September 24, 2016
Boasting a price of $7.09, Ensco PLC (NYSE:ESV) traded -3.21% lower on the day. With the last stock price close down -25.22% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Ensco PLC has recorded a 50-day average of $7.86 and a two hundred day average of $9.67. Volume of trade was up over the average, with 12,842,930 shares of ESV changing hands over the typical 8,345,390
Clarkson Capital has upgraded Ensco PLC (NYSE:ESV) from Sell to Neutral in a statement released on Thursday September 22, 2016.
Recent Performance Chart
Ensco PLC has 52 week low of $6.50 and a 52 week high of $18.93 and has a market capitalization of $0.
In addition to Clarkson Capital reporting its stock price target, a total of 29 brokerages have issued a ratings update on the company. The average stock price target is $10.47 with 1 brokerage rating the stock a strong buy, 1 brokerage rating the stock a buy, 22 brokerages rating the stock a hold, 11 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On 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. The Company's segments include Floaters, Jackups and Other. Its Floaters segment includes the Company's drillships and semisubmersible rigs, and provides contract drilling. The Jackups segments provide contract drilling. The Other segment consists of management services on rigs owned by third parties. It owns and operates an offshore drilling rig fleet of over 60 rigs, including approximately four rigs under construction. Its rig fleet includes approximately 10 drill ships, over 10 semisubmersible rigs, approximately three moored semisubmersible rigs and over 40 jackup rigs. Of its approximately 70 rigs, approximately 30 are located in the Middle East, Africa and Asia Pacific, over 20 are located in North and South America (including Brazil), and approximately 20 are located in Europe and the Mediterranean.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.