Zephirin Group upgraded ENSCO PLC (NYSE:ESV) to Buy in a report released today.
- Updated: September 19, 2016
Zephirin Group has upgraded ENSCO PLC(NYSE:ESV) to Buy in a report released on Monday September 19 2016.
On 9/14/2016, Scotia Howard Weill released a statement for ENSCO PLC(NYSE:ESV) upped the target price at $10.00. At the time, this indicated a possible upside of 0.45%.
Having a price of $6.90, ENSCO PLC (NYSE:ESV) traded 0.00% even on the day. With the last close down 30.31% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. ENSCO PLC has been tracking to a 50-day average of $8.26 and 200-day moving average of $9.86. Volume of trade was was down over the average, with 6,100 shares of ESV changing hands under the typical 7,836,480 shares.
Recent Performance Chart:
ENSCO PLC has a one-year low of $6.67 and a one-year high of $18.93 and has a market cap of $0.0.
A total of 29 brokerages have released a research note on the stock. One firm rate the stock a strong buy, one firm rate the stock a buy, 22 analyts rate the company a hold, 11 brokerages rate the company to underperform, and finally 0 analystsrate the company as sell with a one year target of $10.47
Brief Synopsis About 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 and approximately 20 are located in Europe and the Mediterranean.
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