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Enter Symbol:
Noble Corporation (NE) [hlAlert]

down 61.99 %

Noble Corporation (NE) rated Outperform with price target $44 by Cowen

Posted on: Monday,  Jan 27, 2014  8:25 AM ET by Cowen

Cowen rated Outperform Noble Corporation (NYSE: NE) on 01/27/2014, when the stock price was $32.60. Since
then, Noble Corporation has lost 61.99% as of 09/23/2015's recent price of $12.39.
If you would have followed this Cowen's recommendation on NE, you would have lost 61.99% of your investment in 604 days.

Noble Corporation (Noble) is an offshore drilling contractor for the oil and gas industry. The Company performs contract drilling services with its fleet of 63 mobile offshore drilling units located worldwide. This fleet consists of 13 semisubmersibles, four dynamically positioned drillships, 43 jackups and three submersibles. The fleet count includes five units under construction, including one F&G JU-2000E enhanced jackup, one dynamically positioned ultra-deepwater, harsh environment Globetrotter-class drillship, and three deepwater dynamically positioned semisubmersibles. The Company have secured customer contracts for the one jackup and three semisubmersibles under construction.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/27/2014 8:25 AM Buy
32.60 44.00
as of 10/17/2014
1 Week up  3.33 %
1 Month down  -20.86 %
3 Months down  -40.27 %
1 YTD down  -40.18 %

(*) Stock Price at the time of the recommendation.
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