$76.24
0[0.00%]
At close: Apr 25
$76.24
0[0.00%]
PreMarket: 4:20PM EDT
Nabors Industries
(NYSE:NBR)Nabors Industries Stock (NYSE:NBR), Analyst Ratings, Price Targets, Predictions
Nabors Industries Ltd has a consensus price target of $126.73, established from looking at the 44 latest analyst ratings. The last 3 analyst ratings were released from Benchmark, Susquehanna, and Susquehanna on April 25, 2024, April 8, 2024, and February 13, 2024. With an average price target of $58.67 between Benchmark, Susquehanna, and Susquehanna, there's an implied -23.05% downside for Nabors Industries Ltd from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Benchmark
Susquehanna
Morgan Stanley
RBC Capital
Barclays
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Nabors Industries
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/25/2024 | NBR | Buy Now | Nabors Industries | $76.24 | — | Benchmark | Kurt Hallead | — | Reiterates | → Hold | Get Alert |
| 04/08/2024 | NBR | Buy Now | Nabors Industries | $76.24 | 15.42% | Susquehanna | Charles Minervino | $88 → $88 | Maintains | Neutral | Get Alert |
| 02/13/2024 | NBR | Buy Now | Nabors Industries | $76.24 | 15.42% | Susquehanna | Charles Minervino | → $88 | Reiterates | Neutral → Neutral | Get Alert |
| 02/12/2024 | NBR | Buy Now | Nabors Industries | $76.24 | 96.75% | Morgan Stanley | Daniel Kutz | $160 → $150 | Maintains | Overweight | Get Alert |
| 01/16/2024 | NBR | Buy Now | Nabors Industries | $76.24 | — | Benchmark | Kurt Hallead | — | Downgrade | Buy → Hold | Get Alert |
| 10/30/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 116.42% | Morgan Stanley | Daniel Kutz | $175 → $165 | Maintains | Overweight | Get Alert |
| 10/27/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 70.51% | RBC Capital | Keith Mackey | $140 → $130 | Maintains | Sector Perform | Get Alert |
| 10/17/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 129.54% | Morgan Stanley | Daniel Kutz | $160 → $175 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 10/04/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 63.96% | Susquehanna | Charles Minervino | $112 → $125 | Maintains | Neutral | Get Alert |
| 08/01/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 109.86% | Morgan Stanley | Daniel Kutz | $160 → $160 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 07/31/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 109.86% | Morgan Stanley | Daniel Kutz | $160 → $160 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 07/27/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 83.63% | RBC Capital | Keith Mackey | $124 → $140 | Maintains | Sector Perform | Get Alert |
| 07/26/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 96.75% | Benchmark | Kurt Hallead | → $150 | Reiterates | Buy → Buy | Get Alert |
| 07/19/2023 | NBR | Buy Now | Nabors Industries | $76.24 | — | Benchmark | Kurt Hallead | — | Upgrade | Hold → Buy | Get Alert |
| 07/17/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 109.86% | Morgan Stanley | Daniel Kutz | $165 → $160 | Maintains | Equal-Weight | Get Alert |
| 06/08/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 83.63% | Barclays | Derek Podhaizer | $150 → $140 | Maintains | Equal-Weight | Get Alert |
| 06/02/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 19.36% | Susquehanna | Charles Minervino | $110 → $91 | Maintains | Neutral | Get Alert |
| 05/19/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 83.63% | Citigroup | Scott Gruber | $200 → $140 | Maintains | Buy | Get Alert |
| 05/09/2023 | NBR | Buy Now | Nabors Industries | $76.24 | 96.75% | Barclays | Derek Podhaizer | $250 → $150 | Downgrade | Overweight → Equal-Weight | Get Alert |
FAQ
What is the target price for Nabors Industries (NBR)?
The latest price target for Nabors Industries (NYSE: NBR) was reported by Benchmark on April 25, 2024. The analyst firm set a price target for $0.00 expecting NBR to fall to within 12 months (a possible -100.00% downside). 19 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Nabors Industries (NBR)?
The latest analyst rating for Nabors Industries (NYSE: NBR) was provided by Benchmark, and Nabors Industries reiterated their hold rating.
When was the last upgrade for Nabors Industries (NBR)?
The last upgrade for Nabors Industries Ltd happened on October 17, 2023 when Morgan Stanley raised their price target to $175. Morgan Stanley previously had an equal-weight for Nabors Industries Ltd.
When was the last downgrade for Nabors Industries (NBR)?
The last downgrade for Nabors Industries Ltd happened on January 16, 2024 when Benchmark changed their price target from N/A to N/A for Nabors Industries Ltd.
When is the next analyst rating going to be posted or updated for Nabors Industries (NBR)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nabors Industries, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nabors Industries was filed on April 25, 2024 so you should expect the next rating to be made available sometime around April 25, 2025.
Is the Analyst Rating Nabors Industries (NBR) correct?
While ratings are subjective and will change, the latest Nabors Industries (NBR) rating was a reiterated with a price target of $0.00 to $0.00. The current price Nabors Industries (NBR) is trading at is $76.24, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.