Noble Corporation plc operates as an offshore drilling contractor for the gas and oil industry worldwide. The company has market cap of $1.02 billion. It owns and operates a fleet of mobile offshore drilling units. It currently has negative earnings. As of February 23, 2017, the firm operated a fleet of 28 offshore drilling units consisted of 14 drill ships, and semisubmersibles and 14 jack ups.
In a note shared with investors and clients on 7 December, Imaginatik PLC (LON:IMTK) stock “Corporate” was reconfirmed at finnCap. They currently have a GBX 2.00 price target on the stock. finnCap’s price target gives a potential upside of 76.99% from the company’s last close price.
The stock decreased 26.55% or GBX 0.37 during the last trading session, reaching GBX 1.01. About 859,401 shares traded or 644.52% up from the average. Imaginatik PLC (LON:IMTK) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.
Imaginatik plc provides collaborative innovation software and related professional services to large and medium-sized enterprises in the United States and internationally. The company has market cap of 2.26 million GBP. The firm offers Innovation Central, a platform for collecting ideas, incubating concepts, and allocating resources for innovation projects; Discovery Central, a digital platform for capturing, mashing, and synthesizing insights to capture new whitespace opportunities; and Results Engine, a platform for project and portfolio management. It currently has negative earnings. It also provides Innovation Analytics, a suite of software tools that enhances innovation program; and consultancy services.
Among 2 analysts covering Imaginatik PLC (LON:IMTK), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Imaginatik PLC has GBX 5 highest and GBX 2 lowest target. GBX 2’s average target is 98.02% above currents GBX 1.01 stock price. Imaginatik PLC had 18 analyst reports since November 10, 2015 according to SRatingsIntel. The stock has “Corporate” rating by FinnCap on Tuesday, December 6. The stock of Imaginatik PLC (LON:IMTK) has “Corporate” rating given on Tuesday, January 5 by FinnCap. FinnCap maintained Imaginatik PLC (LON:IMTK) on Tuesday, April 25 with “Corporate” rating. The stock has “Corporate” rating by FinnCap on Monday, November 21. FinnCap maintained Imaginatik PLC (LON:IMTK) on Thursday, November 24 with “Corporate” rating. FinnCap maintained the shares of IMTK in report on Monday, March 27 with “Corporate” rating. As per Friday, June 24, the company rating was maintained by FinnCap. FinnCap maintained the stock with “Corporate” rating in Tuesday, June 13 report. On Monday, August 7 the stock rating was maintained by FinnCap with “Corporate”. The firm has “Corporate” rating by FinnCap given on Thursday, December 10.
Ratings analysis reveals 25% of Noble Corp PLC’s analysts are positive. Out of 12 Wall Street analysts rating Noble Corp PLC, 3 give it “Buy”, 2 “Sell” rating, while 7 recommend “Hold”. The lowest target is $7.0 while the high is $7.0. The stock’s average target of $7 is 67.46% above today’s ($4.18) share price. NE was included in 13 notes of analysts from January 8, 2016. Bernstein initiated the shares of NE in report on Friday, December 2 with “Mkt Perform” rating. The firm earned “Neutral” rating on Friday, October 7 by Seaport Global Securities. On Wednesday, January 11 the stock rating was upgraded by Citigroup to “Buy”. The stock of Noble Corporation plc (NYSE:NE) has “Hold” rating given on Monday, October 3 by Societe Generale. Morgan Stanley upgraded the stock to “Equal-Weight” rating in Thursday, February 2 report. The stock has “Equal Weight” rating by Barclays Capital on Monday, January 9. Goldman Sachs upgraded the stock to “Neutral” rating in Wednesday, September 21 report. Piper Jaffray upgraded the shares of NE in report on Wednesday, January 25 to “Neutral” rating. The rating was upgraded by Societe Generale to “Buy” on Friday, January 8. The rating was upgraded by CapitalOne on Tuesday, January 17 to “Overweight”.
D.C. Capital Advisors Ltd holds 6.26% of its portfolio in Noble Corporation plc for 2.50 million shares. Shah Capital Management owns 2.32 million shares or 4.46% of their US portfolio. Moreover, Firefly Value Partners Lp has 4.26% invested in the company for 10.10 million shares. The Jersey-based Contrarius Investment Management Ltd has invested 1.32% in the stock. Speece Thorson Capital Group Inc, a Minnesota-based fund reported 1.64 million shares.
The stock decreased 7.11% or $0.32 during the last trading session, reaching $4.18. About 7.30 million shares traded. Noble Corporation plc (NE) has declined 46.66% since December 7, 2016 and is downtrending. It has underperformed by 63.36% the S&P500.
Analysts await Noble Corporation plc (NYSE:NE) to report earnings on February, 8. They expect $-0.33 EPS, down 120.00% or $0.18 from last year’s $-0.15 per share. After $-0.36 actual EPS reported by Noble Corporation plc for the previous quarter, Wall Street now forecasts -8.33% EPS growth.
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