Nabors Industries - NBR Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $94.40
Forecasted Upside: -27.59 %
Number of Analysts: 6
Breakdown:
1 Sell Ratings
5 Hold Ratings
0 Buy Ratings
0 Strong Buy Ratings

^$130.37 As of 10/6/2022 01:12 PM ET

▲ +1.34 (1.04%)

1 month | 3 months | 12 months

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Analyst Price Target for NBR

^$94.40

▼ -27.59% Downside Potential

This price target is based on 6 analysts offering 12 month price targets for Nabors Industries in the last 3 months. The average price target is $94.40, with a high forecast of $180.00 and a low forecast of $21.00. The average price target represents a -27.59% upside from the last price of $130.37.

Current Consensus is Hold

The current consensus among 6 investment analysts is to hold stock in Nabors Industries. This rating has held steady since August 2021, when it changed from a Sell consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
0 buy ratings
5 hold ratings
3 sell ratings

Ratings as of

4/14/2021

0 strong buy ratings
0 buy ratings
3 hold ratings
2 sell ratings

Ratings as of

7/13/2021

0 strong buy ratings
1 buy ratings
1 hold ratings
1 sell ratings

Ratings as of

10/11/2021

0 strong buy ratings
1 buy ratings
2 hold ratings
1 sell ratings

Ratings as of

1/9/2022

0 strong buy ratings
1 buy ratings
4 hold ratings
1 sell ratings

Ratings as of

4/9/2022

0 strong buy ratings
1 buy ratings
5 hold ratings
1 sell ratings

Ratings as of

7/8/2022

0 strong buy ratings
1 buy ratings
5 hold ratings
1 sell ratings

Ratings as of

9/6/2022

0 strong buy ratings
0 buy ratings
5 hold ratings
1 sell ratings

Ratings as of

10/6/2022

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
9/26/2022	Morgan Stanley	Boost Target	Underweight	$125.00 ➝ $135.00	Low
7/13/2022	Morgan Stanley	Lower Target	Underweight	$150.00 ➝ $125.00	Low
6/8/2022	Susquehanna Bancshares	Lower Target	Neutral	$170.00 ➝ $21.00	High
6/8/2022	Susquehanna	Lower Target		$170.00 ➝ $21.00	High
5/2/2022	Barclays	Boost Target		$132.00 ➝ $180.00	High
4/11/2022	Morgan Stanley	Boost Target	Underweight	$100.00 ➝ $150.00	Medium
3/17/2022	Capital One Financial	Reiterated Rating	Equal Weight		Low
3/14/2022	Citigroup	Downgrade	Buy ➝ Neutral	$175.00 ➝ $115.00	High
2/15/2022	Citigroup	Boost Target	Sell	$75.00 ➝ $110.00	High
11/23/2021	Royal Bank of Canada	Reiterated Rating	Neutral ➝ Hold		High
10/25/2021	Barclays	Boost Target	Equal Weight	$87.00 ➝ $115.00	Medium
9/29/2021	Atb Cap Markets	Upgrade	Underperform ➝ Outperform		High
9/9/2021	Royal Bank of Canada	Reiterated Rating	Sector Perform	$100.00	Low
7/9/2021	Morgan Stanley	Boost Target	Underweight	$80.00 ➝ $100.00	Low
3/25/2021	Morgan Stanley	Boost Target	Underweight	$60.00 ➝ $80.00	High
8/18/2020	Citigroup	Downgrade	Neutral ➝ Sell	$35.00	High
8/12/2020	The Goldman Sachs Group	Downgrade	Neutral ➝ Sell	$65.00 ➝ $45.00	High
8/6/2020	Raymond James	Reiterated Rating	Hold		High
8/3/2020	Barclays	Upgrade	Underweight ➝ Equal Weight	$12.00 ➝ $42.00	High
7/10/2020	AltaCorp Capital	Downgrade	Sector Perform ➝ Underperform	$17.50	High
7/8/2020	Morgan Stanley	Downgrade	Equal Weight ➝ Underweight	$25.00	Medium
5/28/2020	Citigroup	Boost Target	Neutral	$15.50 ➝ $35.00	High
5/13/2020	Credit Suisse Group	Lower Target	Neutral	$50.00 ➝ $15.00	High
5/7/2020	Royal Bank of Canada	Lower Target	Sector Perform	$37.50 ➝ $15.00	High
4/13/2020	Scotiabank	Downgrade	Sector Perform ➝ Sector Underperform		High
4/6/2020	Royal Bank of Canada	Reiterated Rating	Hold	$37.50	Low
3/19/2020	Wolfe Research	Downgrade	Outperform ➝ Underperform		High
3/19/2020	Barclays	Downgrade	Overweight ➝ Underweight		High
3/17/2020	Evercore ISI	Downgrade	Sell		High
3/17/2020	Capital One Financial	Downgrade	Overweight ➝ Equal Weight		High
3/16/2020	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$200.00 ➝ $25.00	High
3/11/2020	Tudor Pickering	Downgrade	Buy ➝ Hold		High
3/9/2020	Bank of America	Downgrade	Neutral ➝ Underperform		High
3/9/2020	Evercore ISI	Downgrade	Outperform ➝ Underperform		High
2/24/2020	Stephens	Lower Target	Equal Weight	$150.00 ➝ $125.00	High
1/14/2020	Bernstein Bank	Initiated Coverage	Underperform	$75.00	High
1/13/2020	Sanford C. Bernstein	Initiated Coverage	Underperform	$75.00	Medium
1/9/2020	Wells Fargo & Company	Boost Target	Underweight	$75.00 ➝ $100.00	Low
12/3/2019	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$162.50 ➝ $100.00	High
11/3/2019	Barclays	Reiterated Rating	Buy	$150.00	High
10/7/2019	Morgan Stanley	Lower Target	Overweight	$250.00 ➝ $150.00	Medium
10/1/2019	Citigroup	Lower Target	Neutral	$125.00 ➝ $112.50	High
9/26/2019	Barclays	Initiated Coverage	Overweight	$175.00	High
9/25/2019	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	$450.00 ➝ $175.00	Medium
9/12/2019	Wells Fargo & Company	Downgrade	Outperform ➝ Underperform	$100.00	High
8/28/2019	Bank of America	Downgrade	Buy ➝ Neutral		High
7/31/2019	Susquehanna Bancshares	Set Target	Hold	$150.00	N/A
7/12/2019	Morgan Stanley	Lower Target	Overweight	$300.00 ➝ $250.00	High
7/2/2019	Citigroup	Set Target	Hold	$150.00	Low
6/20/2019	AltaCorp Capital	Reiterated Rating	Sector Perform		Medium
3/14/2019	Citigroup	Downgrade	Buy ➝ Neutral		Medium
3/12/2019	Citigroup	Lower Target	Buy ➝ Buy	$400.00 ➝ $335.00	Low
3/10/2019	The Goldman Sachs Group	Initiated Coverage	Neutral ➝ Neutral	$200.00	Medium
2/28/2019	Societe Generale	Set Target	Buy	$200.00	Low
2/27/2019	Argus	Downgrade	Hold ➝ Sell		Medium
1/17/2019	Cowen	Downgrade	Outperform ➝ Market Perform	$137.50	High
1/9/2019	Susquehanna Bancshares	Downgrade	Positive ➝ Neutral		High
12/13/2018	Raymond James	Downgrade	Strong-Buy ➝ Market Perform	$137.50	High
12/11/2018	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight		Medium
11/8/2018	Piper Jaffray Companies	Set Target	Hold	$350.00	High
11/6/2018	Jefferies Financial Group	Reiterated Rating	Buy	$400.00	Medium
11/1/2018	BMO Capital Markets	Lower Target	Market Perform ➝ Market Perform	$375.00 ➝ $325.00	Low
10/17/2018	Bank of America	Initiated Coverage	Buy ➝ Buy		High
10/12/2018	Guggenheim	Reiterated Rating	Buy	$550.00	Low
10/12/2018	Cowen	Reiterated Rating	Buy	$550.00	Low
10/10/2018	Wolfe Research	Initiated Coverage	Outperform ➝ Outperform		High
10/3/2018	Piper Jaffray Companies	Set Target	Hold	$400.00	High
9/20/2018	Royal Bank of Canada	Set Target	Buy	$600.00	Low
8/8/2018	Guggenheim	Reiterated Rating	Buy	$650.00	Low
8/7/2018	Piper Jaffray Companies	Set Target	Hold	$450.00	Low
8/3/2018	Societe Generale	Upgrade	Hold ➝ Buy	$350.00	Low
7/12/2018	BMO Capital Markets	Set Target	Hold	$400.00	High
7/12/2018	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$450.00	Medium
7/11/2018	Citigroup	Lower Target	Buy ➝ Buy	$500.00 ➝ $450.00	High
6/29/2018	Wells Fargo & Company	Upgrade	Market Perform ➝ Outperform	$400.00	Medium
5/8/2018	Citigroup	Boost Target	Buy ➝ Buy	$475.00	High
4/13/2018	Cowen	Reiterated Rating	Buy	$500.00	High
4/11/2018	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$425.00 ➝ $450.00	High
1/17/2018	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$450.00	Low
1/11/2018	Cowen	Set Target	Buy	$450.00	Medium
1/9/2018	Stephens	Initiated Coverage	Equal ➝ Equal Weight	$400.00	High
12/21/2017	Royal Bank of Canada	Set Target	Buy	$400.00	Low
11/8/2017	Bank of America	Lower Target	Buy	$425.00 ➝ $400.00	N/A
11/8/2017	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$309.50 ➝ $450.00	N/A
10/27/2017	UBS Group	Lower Target	Buy	$550.00 ➝ $500.00	N/A
10/27/2017	BMO Capital Markets	Set Target	Hold	$300.00	N/A
10/27/2017	Piper Jaffray Companies	Reiterated Rating	Hold	$475.00	N/A
10/26/2017	Credit Suisse Group	Set Target	Buy	$450.00 ➝ $400.00	N/A
10/26/2017	Morgan Stanley	Lower Target	Equal Weight	$450.00 ➝ $425.00	N/A
10/26/2017	Cowen	Set Target	Buy	$525.00 ➝ $450.00	N/A
10/18/2017	Cowen	Set Target	Buy	$550.00	N/A
10/10/2017	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Hold	$450.00	N/A
10/6/2017	Royal Bank of Canada	Reiterated Rating	Outperform	$700.00 ➝ $600.00	N/A

(Data available from 10/6/2017 forward)

News Sentiment Rating

0.45 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

1 very positive mentions
5 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

3/10/2022

3 very positive mentions
4 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

4/9/2022

5 very positive mentions
6 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

5/9/2022

2 very positive mentions
3 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

6/8/2022

2 very positive mentions
5 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

7/8/2022

2 very positive mentions
14 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

8/7/2022

1 very positive mentions
8 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

9/6/2022

1 very positive mentions
8 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

10/6/2022

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. The company operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; and logging-while-drilling systems and services, as well as drilling optimization software. The company also offers REVit, an automated real time stick-slip mitigation system; ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, an advanced directional steering control system; and RigCLOUD, which provides the tools and infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. As of December 31, 2021, the company marketed approximately 301 rigs for land-based drilling operations in the United States, Canada, and in 20 other countries worldwide; and 29 rigs for offshore platform drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.

Today's Range

Now: $130.37

$128.25

$131.44

50 Day Range

MA: $125.17

$94.40

$147.53

52 Week Range

Now: $130.37

$72.46

$207.67

Volume

1,529 shs

Average Volume

169,825 shs

Market Capitalization

$1.37 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.67

Frequently Asked Questions

What sell-side analysts currently cover shares of Nabors Industries?: The following Wall Street sell-side analysts have issued stock ratings on Nabors Industries in the last twelve months: Barclays PLC, Capital One Financial Co., Citigroup Inc., Morgan Stanley, Royal Bank of Canada, StockNews.com, Susquehanna, and Susquehanna Bancshares, Inc..
View the latest analyst ratings for NBR.
What is the current price target for Nabors Industries?: 5 Wall Street analysts have set twelve-month price targets for Nabors Industries in the last year. Their average twelve-month price target is $94.40, suggesting a possible downside of 27.6%. Barclays PLC has the highest price target set, predicting NBR will reach $180.00 in the next twelve months. Susquehanna Bancshares, Inc. has the lowest price target set, forecasting a price of $21.00 for Nabors Industries in the next year.
View the latest price targets for NBR.
What is the current consensus analyst rating for Nabors Industries?: Nabors Industries currently has 1 sell rating and 5 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NBR, but not buy more shares or sell existing shares.
View the latest ratings for NBR.
What other companies compete with Nabors Industries?: Other companies that are similar to Nabors Industries include Patterson-UTI Energy, Helmerich & Payne, Precision Drilling, Transocean and Borr Drilling. Learn More about companies similar to Nabors Industries.
How do I contact Nabors Industries' investor relations team?: Nabors Industries' physical mailing address is 4 PAR-LA-VILLE ROAD SECOND FLOOR CROWN HOUSE, HAMILTON D0, HM08. The oil and gas company's listed phone number is (441) 292-1510 and its investor relations email address is [email protected] The official website for Nabors Industries is www.nabors.com. Learn More about contacing Nabors Industries investor relations.

Nabors Industries - NBR Stock Price Target and Predictions

Analyst Price Target for NBR

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.45 (Hold)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Nabors Industries?

What is the current price target for Nabors Industries?

What is the current consensus analyst rating for Nabors Industries?

What other companies compete with Nabors Industries?

How do I contact Nabors Industries' investor relations team?