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Enter Symbol:
Noble Corporation (NE) [hlAlert]

down 68.86 %

Noble Corporation (NE) rated Outperform with price target $42 by Morgan Keegan

Posted on: Tuesday,  Aug 16, 2011  8:25 AM ET by Morgan Keegan

Morgan Keegan rated Outperform Noble Corporation (NYSE: NE) on 08/16/2011. Previously Morgan Keegan rated Outperform Noble Corporation (NYSE: NE) on 02/16/2011.,
when the stock price was $39.79. Since then, Noble Corporation has lost 68.86% as of 09/23/2015's recent price of $12.39.
If you would have followed the previous Morgan Keegan's recommendation on NE, you would have lost 68.86% of your investment in 1680 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 Morgan Keegan's founding 38 years ago, quality investment research has been a hallmark of the firm. Over the years, we have built our reputation by focusing on companies that have gone unnoticed by Wall Street. Today, our staff of senior equity analysts tracks more than 250 companies concentrated in ten industry sectors
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/16/2011 8:25 AM Buy
31.70 42.00
as of 12/30/2011
1 Week down  -4.45 %
1 Month down  -12.48 %
3 Months up  2.96 %
1 YTD down  -4.66 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/10/2011 8:25 AM Buy
39.38 48.00
2/16/2011 1:33 PM Buy
39.79 45.00
10/16/2008 8:25 AM Hold

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