Zacks Rating on Noble Energy (NBL)

Noble Energy (NBL) has an average broker rating of 1.81, which is interpreted as a Buy, as rated by 21 equity analysts. Nonetheless, 11 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Noble Energy (NBL) : 21 Wall Street analysts covering Noble Energy (NBL) believe that the average level the stock could reach for the short term is $43.43. The maximum price target given is $51 and the minimum target for short term is around $34, hence the standard deviation is calculated at $3.96.


Noble Energy, Inc. has dropped 0.36% in the last five trading days, however, the shares have posted positive gains of 3.81% in the last 4 weeks. Noble Energy, Inc. is up 1.37% in the last 3-month period. Year-to-Date the stock performance stands at 9.41%. Noble Energy (NYSE:NBL): stock turned positive on Tuesday. Though the stock opened at $35.49, the bulls momentum made the stock top out at $35.93 level for the day. The stock recorded a low of $35.33 and closed the trading day at $35.71, in the green by 0.39%. The total traded volume for the day was 2,401,915. The stock had closed at $35.57 in the previous days trading.

Noble Energy, Inc. is an independent energy company engaged in crude oil, natural gas and natural gas liquids exploration and production. Its operations are grouped into four components: the United States; West Africa (Equatorial Guinea, Cameroon, Gabon and Sierra Leone; Eastern Mediterranean (Israel and Cyprus), and Other International and Corporate. Its assets in the United States include DJ Basin, Marcellus Shale, Deepwater Gulf of Mexico and Other Onshore US. The onshore West Africa includes the Alba field, Block O and Block I offshore Equatorial Guinea, the YoYo mining concession and Tilapia PSC, offshore Cameroon, two blocks offshore Sierra Leone, and one block offshore Gabon. In the Eastern Mediterranean, it has six leases and five licenses operated offshore Israel and one license operated offshore Cyprus. Other International includes various international new ventures, such as offshore Nicaragua and offshore Falkland Islands.

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