Vetr Inc. disclosed Noble Energy, Inc. (NYSE:NBL), boosting its price target to $41.15 earlier today
- Updated: November 30, 2016
Stating a potential upside of 0.08%, Vetr Inc. raised the target price of Noble Energy, Inc. (NYSE:NBL) to $41.15
Previously on 11/17/2016, Seaport Global Securities reported about Noble Energy, Inc. (NYSE:NBL) lowered the target price from $45.00 to $38.00. At the time, this indicated a possible upside of 0.04%.
Yesterday Noble Energy, Inc. (NYSE:NBL) traded 10.07% higher at $38.16. The company’s 50-day moving average is $35.99 and its 200-day moving average is $35.59. The last stock close price is up 7.23% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 7,851,319 shares of the stock were exchanged, up from an average trading volume of 3,785,140
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Noble Energy, Inc. has a 52 week low of $23.77 and a 52 week high of $38.92 Noble Energy, Inc.’s market capitalization is currently $0.
In addition to Vetr Inc. reporting its stock price target, a total of 33 brokerages have issued a ratings update on the company. The average stock price target is $43.30 with 5 brokerages rating the stock a strong buy, 19 brokerages rating the stock a buy, 12 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On 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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