Noble Corporation plc (NYSE:NE) has analysts on the Bullish side this week.

September 8, 2018 - By Richard Slagle

Noble Corporation plc (NYSE:NE) LogoInvestors sentiment decreased to 1.01 in Q1 2018. Its down 0.01, from 1.02 in 2017Q4. It dived, as 30 investors sold Noble Corporation plc shares while 67 reduced holdings. 35 funds opened positions while 63 raised stakes. 203.13 million shares or 2.85% less from 209.10 million shares in 2017Q4 were reported.
Guggenheim Cap Lc accumulated 17,503 shares. Wcm Inv Ca stated it has 65,000 shares. Fdx Advsr Inc stated it has 77,438 shares or 0.01% of all its holdings. 107,091 were reported by Voya Invest Management Limited Liability Corporation. Virtu Finance Ltd Liability invested in 21,680 shares or 0% of the stock. The Massachusetts-based Rhumbline Advisers has invested 0% in Noble Corporation plc (NYSE:NE). Moreover, Matarin Mgmt Ltd Liability has 0% invested in Noble Corporation plc (NYSE:NE). Maryland-based Profund Advsr Ltd Liability Com has invested 0.01% in Noble Corporation plc (NYSE:NE). Mason Street Advsrs has invested 0.01% in Noble Corporation plc (NYSE:NE). Proshare Limited Liability Co holds 0% or 40,321 shares in its portfolio. Bluecrest Capital Mgmt reported 66,710 shares stake. Brinker Inc has invested 0% in Noble Corporation plc (NYSE:NE). State Of New Jersey Common Pension Fund D, a New Jersey-based fund reported 290,000 shares. Bancshares Of Montreal Can owns 156,340 shares or 0% of their US portfolio. Geode Cap Mgmt Ltd reported 0% stake.

Noble Corporation plc (NYSE:NE) Ratings Coverage

Among 8 analysts covering Noble (NYSE:NE), 0 have Buy rating, 2 Sell and 6 Hold. Therefore 0 are positive. Noble has $5.9 highest and $4.0 lowest target. $5.48’s average target is -3.86% below currents $5.7 stock price. Noble had 9 analyst reports since March 13, 2018 according to SRatingsIntel. The rating was maintained by Citigroup with “Neutral” on Thursday, June 21. Credit Suisse downgraded Noble Corporation plc (NYSE:NE) on Wednesday, May 30 to “Hold” rating. The stock has “Sell” rating by Fearnleys on Friday, July 20. Jefferies downgraded Noble Corporation plc (NYSE:NE) on Thursday, June 21 to “Hold” rating. The firm has “Hold” rating given on Tuesday, August 14 by Argus Research. The firm has “Hold” rating by Cowen & Co given on Thursday, March 15. The company was downgraded on Thursday, August 9 by Barclays Capital. Argus Research upgraded the shares of NE in report on Tuesday, March 13 to “Buy” rating. The firm has “Market Perform” rating by Bernstein given on Tuesday, June 5. Below is a list of Noble Corporation plc (NYSE:NE) latest ratings and price target changes.

14/08/2018 Broker: Argus Research Old Rating: Sell New Rating: Hold Upgrade
09/08/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Underweight Old Target: $7 Downgrade
20/07/2018 Broker: Fearnleys Rating: Sell Downgrade
21/06/2018 Broker: Jefferies Rating: Hold New Target: $5.0000 Downgrade
21/06/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $4.7 New Target: $5.9 Maintain
05/06/2018 Broker: Bernstein Old Rating: Underperform New Rating: Market Perform Upgrade
30/05/2018 Broker: Credit Suisse Rating: Hold Downgrade
15/03/2018 Broker: Cowen & Co Rating: Hold New Target: $4.0 Maintain
13/03/2018 Broker: Argus Research Old Rating: Hold New Rating: Buy Upgrade

The stock increased 1.06% or $0.06 during the last trading session, reaching $5.7. About 3.34 million shares traded. Noble Corporation plc (NYSE:NE) has risen 28.74% since September 8, 2017 and is uptrending. It has outperformed by 16.17% the S&P500.

Noble Corporation plc operates as an offshore drilling contractor for the gas and oil industry worldwide. The company has market cap of $1.41 billion. It owns and operates a fleet of mobile offshore drilling units. It currently has negative earnings. As of February 23, 2017, the firm operated a fleet of 28 offshore drilling units consisted of 14 drill ships, and semisubmersibles and 14 jack ups.

Noble Corporation plc (NYSE:NE) Ratings Chart

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