Noble Energy (NYSE:NBL) had its target price lifted by Jefferies Group from $41.00 to $43.00 in a research note released on Friday morning, Analyst Ratings Network.com reports. They currently have a hold rating on the stock.
A number of other firms have also recently commented on NBL. Analysts at Mizuho initiated coverage on shares of Noble Energy in a research note to investors on Thursday, July 18th. They set a neutral rating and a $68.00 price target on the stock. Separately, analysts at Susquehanna raised their price target on shares of Noble Energy from $44.00 to $46.00 in a research note to investors on Wednesday, July 17th. They now have a positive rating on the stock. Finally, analysts at Barclays Capital raised their price target on shares of Noble Energy from $57.00 to $64.00 in a research note to investors on Wednesday, July 17th. They now have an overweight rating on the stock.
One analyst has rated the stock with a sell rating, ten have assigned a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the company. The stock has an average rating of Buy and an average price target of $98.96.
Shares of Noble Energy (NYSE: NBL) traded down 1.03% during mid-day trading on Friday, hitting $65.29. Noble Energy has a 52 week low of $41.49 and a 52 week high of $66.30. The stock’s 50-day moving average is currently $60.84. The company has a market cap of $23.374 billion and a P/E ratio of 23.20.
The company also recently announced a quarterly dividend, which is scheduled for Monday, August 19th. Investors of record on Monday, August 5th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.85%.
Noble Energy, Inc (NYSE: NBL) is an independent energy company engaged in worldwide oil and gas exploration and production.