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Enter Symbol:
Noble Corporation (NE) [hlAlert]

Buy NE
down 68.85 %

Noble Corporation (NE) upgraded to Buy with price target $48 by Dahlman Rose

Posted on: Wednesday,  Jun 8, 2011  8:25 AM ET by Dahlman Rose

Dahlman Rose rated Buy Noble Corporation (NYSE: NE) on 06/08/2011, when the stock price was $39.78. Since
then, Noble Corporation has lost 68.85% as of 09/23/2015's recent price of $12.39.
If you would have followed this Dahlman Rose's recommendation on NE, you would have lost 68.85% of your investment in 1568 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.

Since the Firm’s inception, the Dahlman Rose Research team has been dedicated to providing our institutional client base with differentiated research calls and actionable investment ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/8/2011 8:25 AM Buy
39.78 48.00
as of 12/30/2011
1 Week down  -4.45 %
1 Month down  -12.48 %
3 Months up  2.96 %
1 YTD down  -24.03 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/8/2011 8:25 AM Hold
10/1/2010 11:25 AM Hold
3/25/2008 9:25 AM Buy

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