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Enter Symbol:
 
Nabors Industries, Inc. (NBR) [hlAlert]

Rating:
Equal Weight
NBR

Nabors Industries, Inc. (NBR) rated Equal Weight with price target $26 by Barclays Capital

Posted on: Monday,  Dec 19, 2011  1:25 PM ET by Barclays Capital

Nabors Industries, Inc. (NYSE: NBR)
rated Equal Weight with price target $26 by Barclays Capital.

Nabors Industries Limited (Nabors) is a global land drilling contractor, approximately 528 actively marketed land drilling rigs. The Company conducts oil, gas and geothermal land drilling operations in the United States Lower 48 states, Alaska, Canada, South America, Mexico, the Caribbean, the Middle East, the Far East, Russia and Africa. Nabors is engaged in the land well-servicing and contracting in the United States and Canada. The Company market approximately 592 land workover and well-servicing rigs in the United States, primarily in the southwestern and western United States, and actively market approximately 171 land workover and well-servicing rigs in Canada. Nabors is a provider of offshore platform workover and drilling rigs, and actively markets 37 platform rigs, 13 jack-up units and three barge rigs in the United States and multiple international markets. The Company has a 51% ownership interest in a joint venture in Saudi Arabia.

Barclays Capital has assembled a world-class, award-winning team of analysts covering, credit, commodities, economics, emerging markets, equities, fixed income, foreign exchange and market strategy. We provide in-depth analysis of companies and macro coverage across asset classes, markets and the world’s economies. We have a highly quantitative approach and our research is underpinned by sophisticated analytics. Combined, these provide clients with the tools and insights necessary for successful risk management and financing. Our research teams are based in many of the world’s major financial centres providing our clients with a globally integrated perspective across products and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/19/2011 1:25 PM None
None
16.49 26.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2011 12:25 PM None
None
18.65 23.00
7/28/2011 1:25 PM None
None
27.19 31.00
6/27/2011 4:25 PM None
None
23.05 29.00
12/15/2010 1:25 PM None
None
22.44 25.00
10/26/2009 12:25 PM None
None
22.18 22.00
5/8/2009 8:25 AM None
None
17.33

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