Noble Corporation Ordinary Shares (UK) (NE) is Upgraded by Goldman to Neutral

Noble Corporation Ordinary Shares (UK) (NE) was Upgraded by Goldman to ” Neutral”. Earlier the firm had a rating of “Sell ” on the company shares. Goldman advised their investors in a research report released on Sep 21, 2016.

Many Wall Street Analysts have commented on Noble Corporation Ordinary Shares (UK). Noble Corporation Ordinary Shares (UK) was Resumed by Scotia Howard Weil to “Sector Perform” on Sep 14, 2016. Noble Corporation Ordinary Shares (UK) was Upgraded by BofA/Merrill to ” Neutral” on Aug 16, 2016.

On the company’s financial health, Noble Corporation Ordinary Shares (UK) reported $0.01 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.08. The company had revenue of $484.00 million for the quarter, compared to analysts expectations of $514.91 million. The company’s revenue was down -37.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.64 EPS.

Noble Corporation Ordinary Shares (UK) closed down -0.12 points or -2.29% at $5.12 with 90,97,415 shares getting traded on Tuesday. Post opening the session at $5.22, the shares hit an intraday low of $5.09 and an intraday high of $5.369 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Mar 8, 2016, Michael A Cawley (director) sold 20,000 shares at $13.52 per share price. According to the SEC, on Dec 29, 2015, Scott Marks (Sr. VP-Engineering) sold 21,500 shares at $12.72 per share price. On Sep 30, 2015, Bernie G. Wolford (Sr. VP-Operations) purchased 10,000 shares at $10.82 per share price, according to the Form-4 filing with the securities and exchange commission.

Noble Corporation Ordinary Shares (UK)

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