Ensco Plc Given Consensus Rating of “Hold” by Analysts (NYSE:ESV)
Shares of Ensco Plc (NYSE:ESV) have been given a consensus recommendation of “Hold” by the twenty-four analysts that are covering the stock, ARN reports. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $53.79.
Shares of Ensco Plc (NYSE:ESV) traded up 0.22% on Monday, hitting $50.12. 170,878 shares of the company’s stock traded hands. Ensco Plc has a one year low of $47.85 and a one year high of $62.25. The stock’s 50-day moving average is $51.5 and its 200-day moving average is $51.62. The company’s market cap is $11.746 billion.
Ensco Plc (NYSE:ESV) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $1.58 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.32 by $0.26. Analysts expect that Ensco Plc will post $5.87 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 19th. Investors of record on Monday, September 8th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date of this dividend is Thursday, September 4th.
Several analysts have recently commented on the stock. Analysts at Global Hunter Securities raised their price target on shares of Ensco Plc from $4.00 to $49.00 in a research note on Tuesday, August 5th. Separately, analysts at BMO Capital Markets downgraded shares of Ensco Plc from a “hold” rating to a “sell” rating in a research note on Monday, August 4th. They now have a $41.00 price target on the stock, down previously from $52.00. Finally, analysts at Deutsche Bank downgraded shares of Ensco Plc from a “hold” rating to a “sell” rating in a research note on Monday, August 4th. They now have a $41.00 price target on the stock, down previously from $52.00.
Ensco plc (NYSE:ESV) is a provider of offshore contract drilling services to the international oil and gas industry.
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