Are Analysts Bearish Noble Corporation plc (NYSE:NE) After Last Week?

Noble Corporation plc (NYSE:NE) Logo
Investors sentiment decreased to 0.81 in Q1 2019. Its down 0.43, from 1.24 in 2018Q4. It turned negative, as 31 investors sold Noble Corporation plc shares while 65 reduced holdings. 25 funds opened positions while 53 raised stakes. 199.36 million shares or 6.31% less from 212.78 million shares in 2018Q4 were reported.
Creative Planning reported 10,092 shares stake. Teachers Retirement Sys Of The State Of Kentucky stated it has 61,264 shares. Parametric Assocs Ltd Liability, Washington-based fund reported 815,672 shares. Walleye Trading Limited Co accumulated 12,160 shares or 0% of the stock. Speece Thorson Gp Incorporated reported 1.26 million shares or 1% of all its holdings. Bluecrest Capital Mngmt Ltd holds 0.01% of its portfolio in Noble Corporation plc (NYSE:NE) for 57,778 shares. Voya Inv Mgmt Lc accumulated 97,589 shares or 0% of the stock. Amalgamated Commercial Bank reported 0% of its portfolio in Noble Corporation plc (NYSE:NE). Manufacturers Life Insur Company The reported 156,336 shares. 2.52 million are owned by Donald Smith &. Lmr Prns Llp has 14,314 shares. Piedmont Advsr Inc has 0.01% invested in Noble Corporation plc (NYSE:NE) for 62,850 shares. Firefly Value Partners Lp reported 5.19% in Noble Corporation plc (NYSE:NE). Mraz Amerine & Assocs reported 47,775 shares stake. Sei Investments accumulated 3,494 shares.

Noble Corporation plc (NYSE:NE) Ratings Coverage

Among 4 analysts covering Noble Corp (NYSE:NE), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. Noble Corp has $3.5 highest and $1.2500 lowest target. $2.81’s average target is 175.49% above currents $1.02 stock price. Noble Corp had 8 analyst reports since February 20, 2019 according to SRatingsIntel. The stock of Noble Corporation plc (NYSE:NE) has “Underperform” rating given on Monday, June 10 by Bank of America. The rating was maintained by Barclays Capital with “Sell” on Wednesday, February 20. The firm has “Hold” rating given on Tuesday, February 26 by Credit Suisse. Below is a list of Noble Corporation plc (NYSE:NE) latest ratings and price target changes.

10/06/2019 Broker: Bank of America Rating: Underperform New Target: $1.2500 Maintain
30/05/2019 Broker: BidaskScore Rating: Sell Upgrade
11/03/2019 Broker: Goldman Sachs Rating: Neutral New Target: $3.5 Initiates Coverage On
01/03/2019 Broker: BidaskScore Rating: Sell Downgrade
26/02/2019 Broker: Credit Suisse Rating: Hold New Target: $3.5 Maintain
23/02/2019 Broker: BidaskScore Rating: Sell Upgrade
22/02/2019 Broker: Argus Research Rating: Sell Downgrade
20/02/2019 Broker: Barclays Capital Rating: Sell New Target: $3 Maintain

The stock decreased 15.70% or $0.19 during the last trading session, reaching $1.02. About 10.09M shares traded or 84.59% up from the average. Noble Corporation plc (NYSE:NE) has declined 61.55% since August 15, 2018 and is downtrending. It has underperformed by 61.55% 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 $254.14 million. 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.

More notable recent Noble Corporation plc (NYSE:NE) news were published by: Seekingalpha.com which released: “Noble Corporation Plc (NE) CEO Julie Robertson on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” on August 02, 2019, also Seekingalpha.com with their article: “Noble Continues To Slide – Seeking Alpha” published on August 05, 2019, Benzinga.com published: “15 Energy Stocks Moving In Wednesday’s After-Market Session – Benzinga” on August 08, 2019. More interesting news about Noble Corporation plc (NYSE:NE) were released by: Seekingalpha.com and their article: “Cypress Energy Partners and Ranger Energy Services among Energy/Materials gainers; Ring Energy and Noble Corp among losers – Seeking Alpha” published on August 15, 2019 as well as Seekingalpha.com‘s news article titled: “Oil Inventories Plunge, But… – Seeking Alpha” with publication date: August 05, 2019.

Noble Corporation plc (NYSE:NE) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.