Seaport Global downgraded Noble Corporation (NYSE:NE) from Accumulate to Neutral in a statement released earlier today.
- Updated: October 7, 2016
Boasting a price of $6.13, Noble Corporation (NYSE:NE) traded -1.75% lower on the day. With the last stock price close down -24.82% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Noble Corporation has recorded a 50-day average of $5.84 and a two hundred day average of $8.22. Volume of trade was down over the average, with 835,350 shares of NE changing hands under the typical 10,032,900
Seaport Global has downgraded Noble Corporation (NYSE:NE) from Accumulate to Neutral in a statement released on Friday October 07, 2016.
On 10/3/2016, Vetr Inc. released a statement for Noble Corporation (NYSE:NE) bumped up the target price from $0.00 to $6.92 that suggested an upside of 0.09%.
With a total market value of $0, Noble Corporation has price-earnings ratio of 2.57 with a one year low of $5.09 and a one year high of $14.64 .
A total of 30 firms have reported on the stock. 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $9.71.
About Noble Corporation (NYSE:NE)
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It owns and operates a fleet of mobile offshore drilling units. As of February 25, 2016, the company operated a fleet of 30 drilling rigs consisted of 14 jackups, 8 drillships, and 8 semisubmersibles, which included 1 high-specification, harsh environment jackup under construction. Noble Corporation plc was founded in 1921 and is headquartered in London, the United Kingdom.
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