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Enter Symbol:
Noble Corporation (NE) [hlAlert]

Buy NE
down 61.84 %

Noble Corporation (NE) rated Buy with price target $20 by Argus

Posted on: Wednesday,  Sep 23, 2015  8:25 AM ET by Argus

Argus rated Buy Noble Corporation (NYSE: NE) on 09/23/2015. Previously Argus rated Buy Noble Corporation (NYSE: NE) on 03/28/2014., when
the stock price was $32.47. Since then, Noble Corporation has lost 61.84% as of 09/23/2015's recent price of $12.39.
If you would have followed the previous Argus's recommendation on NE, you would have lost 61.84% of your investment in 544 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2015 8:25 AM Buy
11.34 20.00
as of 8/27/2015
1 Week up  2.22 %
1 Month down  -19.75 %
3 Months down  -27.54 %
1 YTD down  -8.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/19/2015 2:25 PM Buy
13.57 23.00
3/28/2014 12:00 AM Buy
32.47 45.00

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