Zacks Rating on ENSCO plc (ESV)

ENSCO plc (ESV) : Zacks Investment Research ranks ENSCO plc (ESV) as 3, which is a Hold recommendation. Not everyone is convinced about the stocks future, hence, the stock receives 2 Sell recommendation. 3 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 12 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 17 research analysts is 3.47, which indicates as a Hold.

ENSCO plc (ESV) : The highest short term price target forecast on ENSCO plc (ESV) is $12 and the lowest target price is $8. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $9.08 with a standard deviation of $1.22.


Ensco plc has lost 7.05% in the last five trading days and dropped 8.99% in the last 4 weeks. Ensco plc has dropped 13.18% during the last 3-month period . Year-to-Date the stock performance stands at -45.96%. ENSCO plc (NYSE:ESV): stock turned positive on Tuesday. Though the stock opened at $8.2, the bulls momentum made the stock top out at $8.42 level for the day. The stock recorded a low of $8.14 and closed the trading day at $8.3, in the green by 0.97%. The total traded volume for the day was 5,528,640. The stock had closed at $8.22 in the previous days trading.

Ensco plc (Ensco) is a global offshore contract drilling company. The Company provides offshore contract drilling services to the international oil and gas industry. The Company operates in three segments: Floaters, which includes its drill ships and semisubmersible rigs; Jackups and Other, which consists of management services on rigs owned by third-parties. Its Floaters and Jackups segments provide contract drilling. It owns and operates an offshore drilling rig fleet of around 70 rigs, including seven rigs under construction, with drilling operations in markets around the globe. Its rig fleet includes around 10 drill ships, 13 semisubmersible rigs, five moored semisubmersible rigs and 42 jackup rigs. Of its 70 rigs, around 17 are located in North and South America, 17 are located in the Middle East and Africa, 17 are located in the Asia Pacific rim (including five rigs under construction), 15 are located in Europe and the Mediterranean and fits are located in Brazil.

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