Nabors Industries (NBR)
(Delayed Data from NYSE)
$68.83 USD
+4.36 (6.76%)
Updated Oct 1, 2024 04:00 PM ET
After-Market: $68.76 -0.07 (-0.10%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth D Momentum A VGM
Nabors Industries (NBR) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$98.13 | $115.00 | $75.00 | 52.21% |
Price Target
Based on short-term price targets offered by eight analysts, the average price target for Nabors Industries comes to $98.13. The forecasts range from a low of $75.00 to a high of $115.00. The average price target represents an increase of 52.21% from the last closing price of $64.47.
Analyst Price Targets (8 )
Broker Rating
Nabors Industries currently has an average brokerage recommendation (ABR) of 3.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by nine brokerage firms. The current ABR compares to an ABR of 2.75 a month ago based on eight recommendations.
Of the nine recommendations deriving the current ABR, one is Strong Buy, representing 11.11% of all recommendations. A month ago, Strong Buy represented 25%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 1 | 1 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 7 | 7 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 3.00 | 3.00 | 2.75 | 2.75 | 2.75 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/13/2024 | Not Identified | Not Identified | Strong Buy | Hold |
8/16/2024 | Not Identified | Not Identified | Hold | Hold |
7/24/2024 | Evercore Partners | Jason Bandel | Hold | Hold |
7/24/2024 | ATB Capital Markets | Waqar Syed | Hold | Hold |
6/17/2024 | Not Identified | Not Identified | Hold | Hold |
4/25/2024 | The Benchmark Company | Kurt Hallead | Hold | Hold |
4/8/2024 | Susquehanna Financial Group | Charles P Minervino | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 3.00 |
ABR (Last week) | 3.00 |
# of Recs in ABR | 9 |
Average Target Price | $98.13 |
LT Growth Rate | NA |
Industry | Oil and Gas - Drilling |
Industry Rank by ABR | 207 of 253 |
Current Quarter EPS Est: | -1.66 |
NBR FAQs
Nabors Industries Ltd. (NBR) currently has an average brokerage recommendation (ABR) of 3.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 9 brokerage firms.
The average price target for Nabors Industries Ltd. (NBR) is $95.75. The current on short-term price targets is based on 2 reports.
The forecasts for Nabors Industries Ltd. (NBR) range from a low of $75 to a high of $115. The average price target represents a increase of $39.11 from the last closing price of $68.83.
The current UPSIDE for Nabors Industries Ltd. (NBR) is 39.11%
Based on short-term price targets offered by eight analysts, the average price target for Nabors Industries comes to $98.13. The forecasts range from a low of $75.00 to a high of $115.00. The average price target represents an increase of 52.21% from the last closing price of $64.47.