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Noble Energy (NYSE:NBL) was downgraded by research analysts at UBS AG from a “buy” rating to a “neutral” rating in a report released on Tuesday, American Banking and Market News reports.

NBL has been the subject of a number of other recent research reports. Analysts at ISI Group downgraded shares of Noble Energy from a “strong-buy” rating to a “buy” rating in a research note to investors on Wednesday, August 14th. They now have a $67.00 price target on the stock. Separately, analysts at FBR Capital Markets raised their price target on shares of Noble Energy from $77.50 to $105.00 in a research note to investors on Monday, August 5th. Finally, analysts at Howard Weil raised their price target on shares of Noble Energy from $65.00 to $74.00 in a research note to investors on Wednesday, July 31st. They now have a “sector outperform” rating on the stock.

One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and twenty have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $84.81.

Noble Energy (NYSE:NBL) traded down 0.19% during mid-day trading on Tuesday, hitting $62.84. 713,521 shares of the company’s stock traded hands. Noble Energy has a one year low of $42.975 and a one year high of $66.30. The stock has a 50-day moving average of $63.64 and a 200-day moving average of $59.00. The company has a market cap of $22.560 billion and a price-to-earnings ratio of 20.36.

Noble Energy (NYSE:NBL) last released its earnings data on Thursday, July 25th. The company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by $0.05. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the company posted $0.77 earnings per share. The company’s revenue for the quarter was up 18.9% on a year-over-year basis. Analysts expect that Noble Energy will post $3.45 EPS for the current fiscal year.

Noble Energy, Inc (NYSE:NBL) is an independent energy company engaged in worldwide oil and gas exploration and production.

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