Jefferies & Co maintained Noble Corporation (NYSE:NE) as 'Buy' With 170 PT

Citigroup Inc raised shares of Noble from a "neutral" rating to a "buy" rating and boosted their target price for the company from $7.50 to $10.00 in a report on Wednesday, January 11th. Currently, 21.4% of the company's shares are short sold.

Several other brokerages also recently commented on NE. The latest reports which are outstanding on Wednesday 19th of April state 6 analysts have a rating of "strong buy", 17 analysts "buy", 11 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". Frontier Wealth Management LLC boosted its position in Noble by 45.8% in the fourth quarter. Advisor Group Inc. now owns 15,989 shares of the oil and gas company's stock worth $102,000 after buying an additional 8,472 shares during the period. Hartford Investment Management Co. purchased a new position in Noble during the first quarter valued at about $167,000. The analysts estimated mean EPS at -0.03 while the high and low EPS estimate stand at 0.06 and -0.08 respectively. The stock of Noble Corporation Ordinary Shares (UK) (NYSE:NE) has "Buy" rating given on Tuesday, January 3 by Arctic Securities. Finally, Acadian Asset Management LLC boosted its position in Noble by 1,343.9% in the third quarter. LS Investment Advisors LLC now owns 15,695 shares of the company's stock worth $100,000 after buying an additional 834 shares during the last quarter. Canada Pension Plan Board holds 0.03% of its portfolio in Noble Corporation Ordinary Shares (UK) (NYSE:NE) for 1.28M shares. (NYSE:NBL) plummeted -1.47% to $33.62. Equities research analysts expect that Noble will post ($1.27) EPS for the current year. The corporation has a market cap of US$14.47 Billion.

Noble (NYSE:NE) last released its quarterly earnings data on Thursday, February 9th. The analysts estimated EPS for the higher end at 0.02 and lower end at -0.15 while the year ago reported earnings per share was 0.24. The return on assets ratio shows how well management is employing the company's total assets to make a profit. The business's revenue for the quarter was down 52.2% on a year-over-year basis.

Stock market analysts watching Noble Energy Inc.

ILLEGAL ACTIVITY WARNING: "Noble Co. (NBL)" was reported by BBNS and is owned by of BBNS. (NBL) in which BMO Capital Upgrades Noble Energy, Inc.

Infinera Corporation (INFN) now has P/E (Price to Earnings) ratio of 0 while the company's industry has 40.62 P/E and the sector P/E is 19.4.

Price targets show what analysts believes a stock will be worth at the end of a certain time period. TheStreet cut shares of Noble from a "c-" rating to a "d" rating in a report on Tuesday, February 14th. Five research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock of Medifast Inc (NYSE:MED) has "Hold" rating given on Monday, August 10 by Zacks. The stock plummeted -7.45 percent over the past month and fell -5.57 percent year-to-date. The company's institutional ownership is monitored at 98.8 percent. They now have a Dollars 36 price target on the stock. Its quick ratio for most recent quarter is 1.90 along with current ratio for most recent quarter of 1.90. The disclosure for this sale can be found here. Beta value of the stock stands at 2.08. Mizuho Initiates Coverage On Noble Energy, Inc. The Company is engaged in crude oil, natural gas and natural gas and natural gas liquids (NGLs) exploration, development, production and acquisition. The Company's segments include: United States, including the onshore DJ Basin, Permian Basin, Eagle Ford Shale, Marcellus Shale and offshore deepwater Gulf of Mexico, as well as the consolidated accounts of Noble Midstream Partners LP (Noble Midstream Partners); Eastern Mediterranean, including offshore Israel and Cyprus; West Africa, including offshore Equatorial Guinea, Cameroon and Gabon, and Other International and Corporate, including new ventures, such as offshore the Falkland Islands, Suriname and Newfoundland.

Related:

Comments

Latest news

Quarterly Financial Update for BlackBerry Limited (NASDAQ:BBRY)
Tracking most recent quarter period, Price to book (P/B) ration is at 2.30 and Price to cash per share ration is at 3.46. As per the consensus estimate, the company's year-on-year revenue growth is expected to be at -19.39% during the period.

Air Canada bumps boy off flight, apologises to family
However, the agent told them that this would not guarantee Cole could fly - that his seat could go to a frequent flyer instead. Cole Doyle, 10, was bumped off a flight during a March break trip to Costa Rica.

Trump to hold rally on night of White House Correspondents Dinner
The rally is scheduled to take place at 7:30 p.m.in the New Holland Arena at the Pennsylvania Farm Show Complex. President Trump announced on Twitter that he will be holding a rally in Pennsylvania on April 29.

(NYSE:NLY) from REIT - Diversified - Todays Top Gains
American Assets Investment Management LLC raised its stake in Annaly Capital Management by 73.8% in the third quarter. According to their predictions High & Low revenue estimates are 632.03 Million and 364.59 Million respectively.

Hundreds of kids join dash for Easter eggs in Grant County
The hunt's rules divided children into three age groups with a stated limit of 10 eggs per child. The children exchanged eggs for prizes such as candies and toys.

Other news