GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Noble Corporation (NE) [hlAlert]

Rating:
Buy NE
down 76.33 %

Noble Corporation (NE) upgraded to Buy with price target $62 by Jefferies & Co

Posted on: Friday,  Jul 25, 2008  8:25 AM ET by Jefferies & Co

Jefferies & Co rated Buy Noble Corporation (NYSE: NE) on 07/25/2008, when the stock price was $52.36. Since
then, Noble Corporation has lost 76.34% as of 09/23/2015's recent price of $12.39.
If you would have followed this Jefferies & Co's recommendation on NE, you would have lost 76.33% of your investment in 2616 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.

Our focus on growing and mid-sized companies enables us to identify unique investment ideas, which can make the difference in a tough market. Jefferies' research effort covers U.S. & International equity, high yield, convertibles, investment grade fixed income and post-reorganization securities, as well as special situations and quantitative research. The more than 120-person team of research professionals covers over 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes and dig deeper to provide in-depth, thought provoking, objective research. Our analysts use a variety of quantitative and qualitative tools, integrating field analysis, proprietary channel checks and ongoing dialogue with the managements of the companies they cover. We utilize the latest technologies to deliver a research product that is timely, differentiated, and tailored to each customer's needs. Regular client access to companies and their management teams is provided through a wide variety of Jefferies hosted industry conferences, company management meetings and on-site tours.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2008 8:25 AM Buy
None
52.36 62.00
as of 12/24/2008
1 Week up  5.11 %
1 Month up  9.81 %
3 Months up  16.29 %
1 YTD down  -40.93 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/10/2007 9:25 AM Hold
None
49.29 55.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy