NYSE:NBR - Nabors Industries 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: $100.00
Forecasted Upside: 20.82 %
Number of Analysts: 2
Breakdown:
1 Sell Ratings
1 Hold Ratings
0 Buy Ratings
0 Strong Buy Ratings

^$82.77 As of 09/17/2021 01:00 AM ET

▼ -0.91 (-1.09%)

1 month | 3 months | 12 months

Get New Nabors Industries Analyst Ratings Delivered To Your Inbox

Sign-up to receive the latest news and ratings for NBR and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for NBR

^$100.00

▲ +20.82% Upside Potential

This price target is based on 2 analysts offering 12 month price targets for Nabors Industries in the last 3 months. The average price target is $100.00, with a high forecast of $100.00 and a low forecast of $100.00. The average price target represents a 20.82% upside from the last price of $82.77.

Current Consensus is Hold

The current consensus among 2 investment analysts is to hold stock in Nabors Industries. This rating changed within the last month from a Sell consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
0 buy ratings
7 hold ratings
9 sell ratings

Ratings as of

3/28/2020

0 strong buy ratings
0 buy ratings
7 hold ratings
9 sell ratings

Ratings as of

6/26/2020

0 strong buy ratings
0 buy ratings
7 hold ratings
11 sell ratings

Ratings as of

9/24/2020

0 strong buy ratings
0 buy ratings
7 hold ratings
11 sell ratings

Ratings as of

12/23/2020

0 strong buy ratings
0 buy ratings
4 hold ratings
5 sell ratings

Ratings as of

3/23/2021

0 strong buy ratings
0 buy ratings
2 hold ratings
4 sell ratings

Ratings as of

6/21/2021

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

Ratings as of

8/20/2021

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

Ratings as of

9/19/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
9/9/2021	Royal Bank of Canada	Reiterated Rating	Sector Perform	$100.00	Low
7/9/2021	Morgan Stanley	Boost Price Target	Underweight	$80.00 ➝ $100.00	Low
3/25/2021	Morgan Stanley	Boost Price 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 Price Target	Neutral	$15.50 ➝ $35.00	High
5/13/2020	Credit Suisse Group	Lower Price Target	Neutral	$50.00 ➝ $15.00	High
5/7/2020	Royal Bank of Canada	Lower Price 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 Price 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 Price 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 Price Target	Overweight	$250.00 ➝ $150.00	Medium
10/1/2019	Citigroup	Lower Price 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 Price Target	Hold	$150.00	N/A
7/12/2019	Morgan Stanley	Lower Price Target	Overweight	$300.00 ➝ $250.00	High
7/2/2019	Citigroup	Set Price 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 Price 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 Price 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 Price Target	Hold	$350.00	High
11/6/2018	Jefferies Financial Group	Reiterated Rating	Buy	$400.00	Medium
11/1/2018	BMO Capital Markets	Lower Price 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 Price Target	Hold	$400.00	High
9/20/2018	Royal Bank of Canada	Set Price Target	Buy	$600.00	Low
8/8/2018	Guggenheim	Reiterated Rating	Buy	$650.00	Low
8/7/2018	Piper Jaffray Companies	Set Price Target	Hold	$450.00	Low
8/3/2018	Societe Generale	Upgrade	Hold ➝ Buy	$350.00	Low
8/2/2018	Seaport Global Securities	Reiterated Rating	Buy	$550.00	Low
7/12/2018	BMO Capital Markets	Set Price Target	Hold	$400.00	High
7/12/2018	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$450.00	Medium
7/11/2018	Citigroup	Lower Price 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 Price Target	Buy ➝ Buy	$475.00	High
4/13/2018	Cowen	Reiterated Rating	Buy	$500.00	High
4/11/2018	Morgan Stanley	Boost Price Target	Equal Weight ➝ Equal Weight	$425.00 ➝ $450.00	High
1/18/2018	Seaport Global Securities	Reiterated Rating	Buy	$650.00	Medium
1/17/2018	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$450.00	Low
1/11/2018	Cowen	Set Price 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 Price Target	Buy	$400.00	Low
11/8/2017	Bank of America	Lower Price 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 Price Target	Buy	$550.00 ➝ $500.00	N/A
10/27/2017	BMO Capital Markets	Set Price 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 Price Target	Buy	$450.00 ➝ $400.00	N/A
10/26/2017	Morgan Stanley	Lower Price Target	Equal Weight	$450.00 ➝ $425.00	N/A
10/26/2017	Cowen	Set Price Target	Buy	$525.00 ➝ $450.00	N/A
10/18/2017	Cowen	Set Price 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
10/5/2017	Citigroup	Set Price Target	Buy	$400.00 ➝ $500.00	N/A
10/3/2017	SunTrust Banks	Reiterated Rating	Buy	$1,000.00 ➝ $450.00	Low
9/13/2017	Citigroup	Reiterated Rating	Buy	$450.00 ➝ $400.00	Low
9/7/2017	Jefferies Financial Group	Reiterated Rating	Hold ➝ Neutral		Low
9/6/2017	BMO Capital Markets	Reiterated Rating	Hold	$400.00	Low
9/6/2017	Sanford C. Bernstein	Reiterated Rating	Outperform	$625.00	Low
8/31/2017	Societe Generale	Initiated Coverage	Hold ➝ Hold	$350.00	Medium
8/18/2017	Seaport Global Securities	Upgrade	Neutral ➝ Buy	$400.00	Medium
8/15/2017	Guggenheim	Upgrade	Neutral ➝ Buy	$500.00	Medium
8/10/2017	Credit Suisse Group	Set Price Target	Buy	$900.00 ➝ $450.00	Medium
8/9/2017	Citigroup	Reiterated Rating	Neutral	$500.00 ➝ $450.00	Medium
8/9/2017	Nomura Securities	Set Price Target	Buy	$850.00 ➝ $600.00	Low
8/8/2017	Cowen	Lower Price Target	Outperform ➝ Outperform	$650.00 ➝ $525.00	Low
8/7/2017	Morgan Stanley	Lower Price Target	Equal Weight	$500.00 ➝ $450.00	High
8/4/2017	Seaport Global Securities	Reiterated Rating	Neutral		Low
8/4/2017	Jefferies Financial Group	Set Price Target	Neutral ➝ Hold	$400.00	High
7/14/2017	Jefferies Financial Group	Reiterated Rating	Hold	$575.00	Low
7/13/2017	BMO Capital Markets	Reiterated Rating	Hold	$650.00 ➝ $400.00	Low
7/7/2017	Wells Fargo & Company	Downgrade	Outperform ➝ Market Perform		High
7/6/2017	UBS Group	Reiterated Rating	Buy	$850.00 ➝ $550.00	High
6/27/2017	Guggenheim	Downgrade	Buy ➝ Neutral		Medium
6/21/2017	Seaport Global Securities	Downgrade	Buy ➝ Neutral	$650.00 ➝ $400.00	High
6/21/2017	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$950.00 ➝ $500.00	High
6/20/2017	Royal Bank of Canada	Reiterated Rating	Buy		Medium
6/20/2017	Evercore ISI	Reiterated Rating	Outperform	$900.00	Low
6/6/2017	Jefferies Financial Group	Set Price Target	Hold	$600.00	High
5/30/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$1,000.00 ➝ $650.00	Low
5/10/2017	Citigroup	Reiterated Rating	Buy ➝ Buy		Low
5/6/2017	BMO Capital Markets	Set Price Target	Hold	$650.00	High
5/3/2017	Jefferies Financial Group	Lower Price Target	Hold	$750.00 ➝ $575.00	High
4/30/2017	Credit Suisse Group	Set Price Target	Buy	$900.00	Medium
4/28/2017	The Goldman Sachs Group	Downgrade	Conviction-Buy ➝ Buy	$875.00 ➝ $1,100.00	Medium
4/25/2017	Jefferies Financial Group	Reiterated Rating	Hold	$750.00	Low
4/12/2017	BMO Capital Markets	Set Price Target	Hold	$750.00	Medium
4/5/2017	Nomura Securities	Upgrade	Neutral ➝ Buy		Medium
4/5/2017	Nomura Instinet	Upgrade	Neutral ➝ Buy	$750.00 ➝ $850.00	Medium
4/3/2017	Royal Bank of Canada	Reiterated Rating	Buy	$1,000.00	High
3/30/2017	Credit Suisse Group	Reiterated Rating	Buy	$1,050.00	Low
3/22/2017	Jefferies Financial Group	Reiterated Rating	Hold	$750.00	Low
3/22/2017	Scotiabank	Reiterated Rating	Buy	$1,100.00	Low
2/22/2017	Evercore ISI	Initiated Coverage	Buy	$1,000.00	N/A
1/18/2017	SunTrust Banks	Initiated Coverage	Buy	$1,000.00	N/A
1/12/2017	BMO Capital Markets	Set Price Target	Hold	$750.00	N/A
1/4/2017	Royal Bank of Canada	Reiterated Rating	Buy	$1,000.00	N/A
1/4/2017	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$600.00 ➝ $1,050.00	N/A
12/7/2016	Stephens	Downgrade	Overweight ➝ Hold	$800.00	N/A
12/1/2016	Sanford C. Bernstein	Initiated Coverage	Outperform	$975.00	N/A
11/29/2016	Tudor Pickering	Upgrade	Hold ➝ Buy		N/A
11/21/2016	The Goldman Sachs Group	Upgrade	Buy ➝ Conviction-Buy		N/A
11/15/2016	Howard Weil	Boost Price Target	Sector Outperform	$750.00 ➝ $850.00	N/A
11/11/2016	Jefferies Financial Group	Set Price Target	Hold	$600.00	N/A
11/11/2016	JPMorgan Chase & Co.	Reiterated Rating	Buy		N/A
10/19/2016	The Goldman Sachs Group	Set Price Target	Buy	$850.00	N/A
10/5/2016	Citigroup	Reiterated Rating	Buy	$700.00	N/A
9/23/2016	Argus	Reiterated Rating	Hold		N/A
9/20/2016	UBS Group	Set Price Target	Buy	$600.00	N/A
9/19/2016	Capital One Financial	Upgrade	Equal Weight ➝ Overweight	$650.00	N/A

(Data available from 9/19/2016 forward)

News Sentiment Rating

0.25 (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

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

Mentions as of

2/21/2021

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

Mentions as of

3/23/2021

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

Mentions as of

4/22/2021

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

Mentions as of

5/22/2021

0 very positive mentions
0 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

6/21/2021

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

Mentions as of

7/21/2021

1 very positive mentions
4 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

8/20/2021

1 very positive mentions
9 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

9/19/2021

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

Negative

No negative mentions tracked during this time.

Positive

markets.businessinsider.com
9/16/2021
Nabors Reaffirms Q3 Guidance; Repays 4.62% Senior Notes
finance.yahoo.com
9/16/2021
Nabors Reiterates Third Quarter 2021 Outlook and Announces Repayment of 4.625% Senior Notes
americanbankingnews.com
9/15/2021
Nabors Industries (NYSE:NBR) Stock Price Up 4.9%
americanbankingnews.com
9/10/2021
Nabors Industries (NYSE:NBR) Sees Unusually-High Trading Volume
americanbankingnews.com
9/9/2021
Nabors Industries (NYSE:NBR) Stock Rating Reaffirmed by Royal Bank of Canada

Very Positive

finance.yahoo.com
9/7/2021
Why Investors Should Focus on These 4 Oil & Gas Drilling Stocks

Nabors Industries Ltd. engages in the provision of platform work over and drilling rigs. It operates through the following segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The U.S. Drilling segment includes land drilling activities in the lower 48 states and Alaska, as well as offshore operations in the Gulf of Mexico. The Canada segment consists of land-based drilling rigs in Canada. The International segment focuses in maintaining a footprint in the oil and gas market, most notably in Saudi Arabia, Algeria, Argentina, Colombia, Kazakhstan, and Venezuela. The Drilling Solutions segment offers drilling technologies, such as patented steering systems and rig instrumentation software systems that enhance drilling performance and wellbore placement. The Rig Technologies segment comprises Canrig, which manufactures and sells top drives, catwalks, wrenches, drawworks, and drilling related equipment, such as robotic systems and downhole tools. The company was founded by Clair Nabors in 1952 and is headquartered in Hamilton, Bermuda.

Today's Range

Now: $82.77

$81.97

$84.29

50 Day Range

MA: $83.79

$67.26

$108.46

52 Week Range

Now: $82.77

$21.66

$133.61

Volume

375,145 shs

Average Volume

188,905 shs

Market Capitalization

$682.19 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

3.64

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: Morgan Stanley, and Royal Bank of Canada.
View the latest analyst ratings for NBR.

What is the current price target for Nabors Industries?

2 Wall Street analysts have set twelve-month price targets for Nabors Industries in the last year. Their average twelve-month price target is $100.00, suggesting a possible upside of 20.8%. Morgan Stanley has the highest price target set, predicting NBR will reach $100.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $100.00 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 1 hold rating 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 Valaris, Transocean, Patterson-UTI Energy, Oasis Midstream Partners, HighPeak Energy, Precision Drilling, InPlay Oil, Petroteq Energy, Western Energy Services, Seadrill, Independence Contract Drilling, Diamond Offshore Drilling, Sauer Energy, Fast Track Solutions and Valaris.

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.