NYSE:NBR - Nabors Industries Stock Price Target and Predictions

  • 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
▼ -0.91 (-1.09%)

This chart shows the closing price for NBR by one month, three months, or twelve months.

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Analyst Price Target for NBR

Analyst Price Target is $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.

This chart shows the closing price for NBR for the last year in relation to the current analyst high, average, and low pricetarget.

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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

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 9 sell ratings
3/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 9 sell ratings
6/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 11 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 11 sell ratings
12/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 5 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 4 sell ratings
6/21/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
8/20/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/19/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/9/2021Royal Bank of CanadaReiterated RatingSector Perform$100.00Low
7/9/2021Morgan StanleyBoost Price TargetUnderweight$80.00 ➝ $100.00Low
3/25/2021Morgan StanleyBoost Price TargetUnderweight$60.00 ➝ $80.00High
8/18/2020CitigroupDowngradeNeutral ➝ Sell$35.00High
8/12/2020The Goldman Sachs GroupDowngradeNeutral ➝ Sell$65.00 ➝ $45.00High
8/6/2020Raymond JamesReiterated RatingHoldHigh
8/3/2020BarclaysUpgradeUnderweight ➝ Equal Weight$12.00 ➝ $42.00High
7/10/2020AltaCorp CapitalDowngradeSector Perform ➝ Underperform$17.50High
7/8/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight$25.00Medium
5/28/2020CitigroupBoost Price TargetNeutral$15.50 ➝ $35.00High
5/13/2020Credit Suisse GroupLower Price TargetNeutral$50.00 ➝ $15.00High
5/7/2020Royal Bank of CanadaLower Price TargetSector Perform$37.50 ➝ $15.00High
4/13/2020ScotiabankDowngradeSector Perform ➝ Sector UnderperformHigh
4/6/2020Royal Bank of CanadaReiterated RatingHold$37.50Low
3/19/2020Wolfe ResearchDowngradeOutperform ➝ UnderperformHigh
3/19/2020BarclaysDowngradeOverweight ➝ UnderweightHigh
3/17/2020Evercore ISIDowngradeSellHigh
3/17/2020Capital One FinancialDowngradeOverweight ➝ Equal WeightHigh
3/16/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$200.00 ➝ $25.00High
3/11/2020Tudor PickeringDowngradeBuy ➝ HoldHigh
3/9/2020Bank of AmericaDowngradeNeutral ➝ UnderperformHigh
3/9/2020Evercore ISIDowngradeOutperform ➝ UnderperformHigh
2/24/2020StephensLower Price TargetEqual Weight$150.00 ➝ $125.00High
1/14/2020Bernstein BankInitiated CoverageUnderperform$75.00High
1/13/2020Sanford C. BernsteinInitiated CoverageUnderperform$75.00Medium
1/9/2020Wells Fargo & CompanyBoost Price TargetUnderweight$75.00 ➝ $100.00Low
12/3/2019Credit Suisse GroupDowngradeOutperform ➝ Neutral$162.50 ➝ $100.00High
11/3/2019BarclaysReiterated RatingBuy$150.00High
10/7/2019Morgan StanleyLower Price TargetOverweight$250.00 ➝ $150.00Medium
10/1/2019CitigroupLower Price TargetNeutral$125.00 ➝ $112.50High
9/26/2019BarclaysInitiated CoverageOverweight$175.00High
9/25/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$450.00 ➝ $175.00Medium
9/12/2019Wells Fargo & CompanyDowngradeOutperform ➝ Underperform$100.00High
8/28/2019Bank of AmericaDowngradeBuy ➝ NeutralHigh
7/31/2019Susquehanna BancsharesSet Price TargetHold$150.00N/A
7/12/2019Morgan StanleyLower Price TargetOverweight$300.00 ➝ $250.00High
7/2/2019CitigroupSet Price TargetHold$150.00Low
6/20/2019AltaCorp CapitalReiterated RatingSector PerformMedium
3/14/2019CitigroupDowngradeBuy ➝ NeutralMedium
3/12/2019CitigroupLower Price TargetBuy ➝ Buy$400.00 ➝ $335.00Low
3/10/2019The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$200.00Medium
2/28/2019Societe GeneraleSet Price TargetBuy$200.00Low
2/27/2019ArgusDowngradeHold ➝ SellMedium
1/17/2019CowenDowngradeOutperform ➝ Market Perform$137.50High
1/9/2019Susquehanna BancsharesDowngradePositive ➝ NeutralHigh
12/13/2018Raymond JamesDowngradeStrong-Buy ➝ Market Perform$137.50High
12/11/2018JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightMedium
11/8/2018Piper Jaffray CompaniesSet Price TargetHold$350.00High
11/6/2018Jefferies Financial GroupReiterated RatingBuy$400.00Medium
11/1/2018BMO Capital MarketsLower Price TargetMarket Perform ➝ Market Perform$375.00 ➝ $325.00Low
10/17/2018Bank of AmericaInitiated CoverageBuy ➝ BuyHigh
10/12/2018GuggenheimReiterated RatingBuy$550.00Low
10/12/2018CowenReiterated RatingBuy$550.00Low
10/10/2018Wolfe ResearchInitiated CoverageOutperform ➝ OutperformHigh
10/3/2018Piper Jaffray CompaniesSet Price TargetHold$400.00High
9/20/2018Royal Bank of CanadaSet Price TargetBuy$600.00Low
8/8/2018GuggenheimReiterated RatingBuy$650.00Low
8/7/2018Piper Jaffray CompaniesSet Price TargetHold$450.00Low
8/3/2018Societe GeneraleUpgradeHold ➝ Buy$350.00Low
8/2/2018Seaport Global SecuritiesReiterated RatingBuy$550.00Low
7/12/2018BMO Capital MarketsSet Price TargetHold$400.00High
7/12/2018Morgan StanleyUpgradeEqual Weight ➝ Overweight$450.00Medium
7/11/2018CitigroupLower Price TargetBuy ➝ Buy$500.00 ➝ $450.00High
6/29/2018Wells Fargo & CompanyUpgradeMarket Perform ➝ Outperform$400.00Medium
5/8/2018CitigroupBoost Price TargetBuy ➝ Buy$475.00High
4/13/2018CowenReiterated RatingBuy$500.00High
4/11/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$425.00 ➝ $450.00High
1/18/2018Seaport Global SecuritiesReiterated RatingBuy$650.00Medium
1/17/2018JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$450.00Low
1/11/2018CowenSet Price TargetBuy$450.00Medium
1/9/2018StephensInitiated CoverageEqual ➝ Equal Weight$400.00High
12/21/2017Royal Bank of CanadaSet Price TargetBuy$400.00Low
11/8/2017Bank of AmericaLower Price TargetBuy$425.00 ➝ $400.00N/A
11/8/2017Jefferies Financial GroupUpgradeHold ➝ Buy$309.50 ➝ $450.00N/A
10/27/2017UBS GroupLower Price TargetBuy$550.00 ➝ $500.00N/A
10/27/2017BMO Capital MarketsSet Price TargetHold$300.00N/A
10/27/2017Piper Jaffray CompaniesReiterated RatingHold$475.00N/A
10/26/2017Credit Suisse GroupSet Price TargetBuy$450.00 ➝ $400.00N/A
10/26/2017Morgan StanleyLower Price TargetEqual Weight$450.00 ➝ $425.00N/A
10/26/2017CowenSet Price TargetBuy$525.00 ➝ $450.00N/A
10/18/2017CowenSet Price TargetBuy$550.00N/A
10/10/2017Deutsche Bank AktiengesellschaftInitiated CoverageHold$450.00N/A
10/6/2017Royal Bank of CanadaReiterated RatingOutperform$700.00 ➝ $600.00N/A
10/5/2017CitigroupSet Price TargetBuy$400.00 ➝ $500.00N/A
10/3/2017SunTrust BanksReiterated RatingBuy$1,000.00 ➝ $450.00Low
9/13/2017CitigroupReiterated RatingBuy$450.00 ➝ $400.00Low
9/7/2017Jefferies Financial GroupReiterated RatingHold ➝ NeutralLow
9/6/2017BMO Capital MarketsReiterated RatingHold$400.00Low
9/6/2017Sanford C. BernsteinReiterated RatingOutperform$625.00Low
8/31/2017Societe GeneraleInitiated CoverageHold ➝ Hold$350.00Medium
8/18/2017Seaport Global SecuritiesUpgradeNeutral ➝ Buy$400.00Medium
8/15/2017GuggenheimUpgradeNeutral ➝ Buy$500.00Medium
8/10/2017Credit Suisse GroupSet Price TargetBuy$900.00 ➝ $450.00Medium
8/9/2017CitigroupReiterated RatingNeutral$500.00 ➝ $450.00Medium
8/9/2017Nomura SecuritiesSet Price TargetBuy$850.00 ➝ $600.00Low
8/8/2017CowenLower Price TargetOutperform ➝ Outperform$650.00 ➝ $525.00Low
8/7/2017Morgan StanleyLower Price TargetEqual Weight$500.00 ➝ $450.00High
8/4/2017Seaport Global SecuritiesReiterated RatingNeutralLow
8/4/2017Jefferies Financial GroupSet Price TargetNeutral ➝ Hold$400.00High
7/14/2017Jefferies Financial GroupReiterated RatingHold$575.00Low
7/13/2017BMO Capital MarketsReiterated RatingHold$650.00 ➝ $400.00Low
7/7/2017Wells Fargo & CompanyDowngradeOutperform ➝ Market PerformHigh
7/6/2017UBS GroupReiterated RatingBuy$850.00 ➝ $550.00High
6/27/2017GuggenheimDowngradeBuy ➝ NeutralMedium
6/21/2017Seaport Global SecuritiesDowngradeBuy ➝ Neutral$650.00 ➝ $400.00High
6/21/2017Morgan StanleyDowngradeOverweight ➝ Equal Weight$950.00 ➝ $500.00High
6/20/2017Royal Bank of CanadaReiterated RatingBuyMedium
6/20/2017Evercore ISIReiterated RatingOutperform$900.00Low
6/6/2017Jefferies Financial GroupSet Price TargetHold$600.00High
5/30/2017Deutsche Bank AktiengesellschaftReiterated RatingBuy$1,000.00 ➝ $650.00Low
5/10/2017CitigroupReiterated RatingBuy ➝ BuyLow
5/6/2017BMO Capital MarketsSet Price TargetHold$650.00High
5/3/2017Jefferies Financial GroupLower Price TargetHold$750.00 ➝ $575.00High
4/30/2017Credit Suisse GroupSet Price TargetBuy$900.00Medium
4/28/2017The Goldman Sachs GroupDowngradeConviction-Buy ➝ Buy$875.00 ➝ $1,100.00Medium
4/25/2017Jefferies Financial GroupReiterated RatingHold$750.00Low
4/12/2017BMO Capital MarketsSet Price TargetHold$750.00Medium
4/5/2017Nomura SecuritiesUpgradeNeutral ➝ BuyMedium
4/5/2017Nomura InstinetUpgradeNeutral ➝ Buy$750.00 ➝ $850.00Medium
4/3/2017Royal Bank of CanadaReiterated RatingBuy$1,000.00High
3/30/2017Credit Suisse GroupReiterated RatingBuy$1,050.00Low
3/22/2017Jefferies Financial GroupReiterated RatingHold$750.00Low
3/22/2017ScotiabankReiterated RatingBuy$1,100.00Low
2/22/2017Evercore ISIInitiated CoverageBuy$1,000.00N/A
1/18/2017SunTrust BanksInitiated CoverageBuy$1,000.00N/A
1/12/2017BMO Capital MarketsSet Price TargetHold$750.00N/A
1/4/2017Royal Bank of CanadaReiterated RatingBuy$1,000.00N/A
1/4/2017Credit Suisse GroupUpgradeNeutral ➝ Outperform$600.00 ➝ $1,050.00N/A
12/7/2016StephensDowngradeOverweight ➝ Hold$800.00N/A
12/1/2016Sanford C. BernsteinInitiated CoverageOutperform$975.00N/A
11/29/2016Tudor PickeringUpgradeHold ➝ BuyN/A
11/21/2016The Goldman Sachs GroupUpgradeBuy ➝ Conviction-BuyN/A
11/15/2016Howard WeilBoost Price TargetSector Outperform$750.00 ➝ $850.00N/A
11/11/2016Jefferies Financial GroupSet Price TargetHold$600.00N/A
11/11/2016JPMorgan Chase & Co.Reiterated RatingBuyN/A
10/19/2016The Goldman Sachs GroupSet Price TargetBuy$850.00N/A
10/5/2016CitigroupReiterated RatingBuy$700.00N/A
9/23/2016ArgusReiterated RatingHoldN/A
9/20/2016UBS GroupSet Price TargetBuy$600.00N/A
9/19/2016Capital One FinancialUpgradeEqual Weight ➝ Overweight$650.00N/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

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/21/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/23/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/22/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/22/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/21/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/21/2021
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/20/2021
  • 1 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/19/2021

Current Sentiment

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

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Nabors Industries logo
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.
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Today's Range

Now: $82.77
Low: $81.97
High: $84.29

50 Day Range

MA: $83.79
Low: $67.26
High: $108.46

52 Week Range

Now: $82.77
Low: $21.66
High: $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?

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.