How Many Noble Energy, Inc. (NYSE:NBL)’s Analysts Are Bullish?

July 17, 2017 - By Hazel Jackson

 How Many Noble Energy, Inc. (NYSE:NBL)'s Analysts Are Bullish?
Investors sentiment decreased to 1.1 in 2016 Q4. Its down 0.01, from 1.11 in 2016Q3. It is negative, as 36 investors sold Noble Energy, Inc. shares while 174 reduced holdings. 69 funds opened positions while 161 raised stakes. 408.41 million shares or 2.68% more from 397.76 million shares in 2016Q3 were reported.
M&T Bank stated it has 39,799 shares. Arbiter Ptnrs Cap Mngmt Llc stated it has 9,756 shares or 0.06% of all its holdings. Nordea Investment Management Ab accumulated 0% or 19,220 shares. 1,800 are owned by Hudock Group Inc Lc. New York-based Art Advisors Limited Liability Co has invested 0.58% in Noble Energy, Inc. (NYSE:NBL). Westpac Corp reported 33,103 shares. Yhb Advsr Inc reported 0.48% of its portfolio in Noble Energy, Inc. (NYSE:NBL). Quantres Asset Management Limited has 26,600 shares. Us Bankshares De owns 35,526 shares or 0% of their US portfolio. 236,560 were accumulated by Boston Advsr Ltd Liability Com. Sei Investments accumulated 1.18M shares or 0.22% of the stock. Schroder Inv Mngmt Group Inc holds 0% or 1,700 shares in its portfolio. Jefferies Grp holds 0.02% or 117,286 shares in its portfolio. 18,775 are held by Menta Cap Lc. Oakworth Cap holds 0% of its portfolio in Noble Energy, Inc. (NYSE:NBL) for 128 shares.

Since January 30, 2017, it had 0 buys, and 3 sales for $2.83 million activity. 3,000 shares were sold by CAWLEY MICHAEL A, worth $118,530 on Tuesday, February 7. BERENSON JEFFREY L also sold $788,210 worth of Noble Energy, Inc. (NYSE:NBL) on Friday, March 10. Shares for $1.93M were sold by STOVER DAVID L.

Noble Energy, Inc. (NYSE:NBL) Ratings Coverage

Among 25 analysts covering Noble Energy Inc. (NYSE:NBL), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. Noble Energy Inc. had 61 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, August 24, the company rating was downgraded by Bank of America. Piper Jaffray initiated Noble Energy, Inc. (NYSE:NBL) rating on Wednesday, June 8. Piper Jaffray has “Overweight” rating and $48 target. Piper Jaffray reinitiated Noble Energy, Inc. (NYSE:NBL) on Monday, May 8 with “Overweight” rating. The company was maintained on Wednesday, August 5 by Barclays Capital. JP Morgan initiated the shares of NBL in report on Wednesday, December 9 with “Overweight” rating. The stock of Noble Energy, Inc. (NYSE:NBL) earned “Buy” rating by Sterne Agee CRT on Wednesday, May 25. Wunderlich maintained the stock with “Buy” rating in Wednesday, July 6 report. The firm has “Buy” rating by Bank of America given on Tuesday, May 23. The stock of Noble Energy, Inc. (NYSE:NBL) earned “Buy” rating by Mizuho on Friday, October 14. The firm has “Buy” rating given on Thursday, January 21 by Nomura. Below is a list of Noble Energy, Inc. (NYSE:NBL) latest ratings and price target changes.

13/07/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $39.0000 Maintain
05/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $48.0000 Maintain
22/06/2017 Broker: Jefferies Rating: Buy New Target: $40.0000 Maintain
21/06/2017 Broker: BMO Capital Markets Rating: Buy New Target: $45.0000 Maintain
21/06/2017 Broker: Scotia Capital Rating: Hold New Target: $43.0000
21/06/2017 Broker: Seaport Global Old Rating: Neutral New Rating: Sell Old Target: $36 Downgrade
16/06/2017 Broker: Citigroup Old Rating: Buy New Rating: Neutral Old Target: $9.50 New Target: $3.50 Downgrade
01/06/2017 Broker: RBC Capital Markets Rating: Buy New Target: $48.0000 Maintain
29/05/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $43.00 Maintain
23/05/2017 Broker: Bank of America Rating: Buy New Target: $49.00 Reinitiate

About 1.91M shares traded. Noble Energy, Inc. (NYSE:NBL) has declined 10.36% since July 17, 2016 and is downtrending. It has underperformed by 27.06% the S&P500.

Noble Energy, Inc. is an independent energy company. The company has market cap of $13.97 billion. The Firm is engaged in crude oil, natural gas and natural gas and natural gas liquids exploration, development, production and acquisition. It currently has negative earnings. The Company’s divisions include: United States, including the onshore DJ Basin, Permian Basin, Eagle Ford Shale, Marcellus Shale and offshore deepwater Gulf of Mexico, as well as the consolidated accounts of Noble Midstream Partners LP (Noble Midstream Partners); Eastern Mediterranean, including offshore Israel and Cyprus; West Africa, including offshore Equatorial Guinea, Cameroon and Gabon, and Other International and Corporate, including new ventures, such as offshore the Falkland Islands, Suriname and Newfoundland.

More notable recent Noble Energy, Inc. (NYSE:NBL) news were published by: Nasdaq.com which released: “Noble Energy Will Host Its Second Quarter 2017 Results Conference Call and …” on June 26, 2017, also Bizjournals.com with their article: “Noble Energy drops down interests in infrastructure assets to MLP for $270M” published on June 21, 2017, Nasdaq.com published: “February 2018 Options Now Available For Noble Energy (NBL)” on June 19, 2017. More interesting news about Noble Energy, Inc. (NYSE:NBL) were released by: Zacks.com and their article: “Noble Midstream to Acquire Interest from Noble Energy (NBL)” published on June 22, 2017 as well as Seekingalpha.com‘s news article titled: “Overview Of Noble Energy With Shale M&A In Mind” with publication date: June 27, 2017.

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