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UPDATE: RS Platou Markets Reiterates Noble Corporation at Neutral on

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RS Platou Markets maintained Noble Corporation (NYSE: NE) with a Buy rating and a $42.00 price target.

RS Platou Markets commented, "Noble Corp's (NE) board today announced that it will ask shareholders to almost double its dividend for 2013-14, from current USD 0.13 to USD 0.25. We view this as a positive step, but the proposed level is still well below the threshold of a meaningful dividend that could lead to a material revaluation of the stock, in our view."

Noble Corporation closed at $41.42 on Friday.

Latest Ratings for NE

DateFirmActionFromTo
Oct 2019MaintainsUnderweight
Sep 2019DowngradesOutperformSector Perform
Sep 2019DowngradesNeutralSell

View More Analyst Ratings for NE
View the Latest Analyst Ratings

Posted-In: RS Platou MarketsAnalyst Color Reiteration Analyst Ratings

 

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